ETH keeps grinding upward despite some interesting signals. Both futures and spot cumulative volume deltas are trending up, which is bullish. What's curious though? Open interest is basically flat — not much new positioning happening. And here's the kicker: bid/ask delta is showing sell pressure, yet price just keeps climbing. Market structure looking a bit funky but the momentum's there.
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DegenDreamer
· 12h ago
This bull run is just ridiculous. Despite such heavy selling pressure, the price still goes up... Who on earth is buying the top?
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MissingSats
· 12h ago
This market is a bit strange. How can it keep climbing with such heavy selling pressure?
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MevTears
· 12h ago
Why is this market so strange? The volume is increasing, the selling pressure is also there, but open positions remain unchanged.
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SandwichTrader
· 12h ago
The shorts should just admit defeat; this market isn't that simple.
ETH keeps grinding upward despite some interesting signals. Both futures and spot cumulative volume deltas are trending up, which is bullish. What's curious though? Open interest is basically flat — not much new positioning happening. And here's the kicker: bid/ask delta is showing sell pressure, yet price just keeps climbing. Market structure looking a bit funky but the momentum's there.