ETH is poised for a clean break. On-chain metrics show net exchange outflows hitting a 7-day high of 95k ETH, signaling strong accumulation. Derivatives perpetual funding rates maintain positive skew at +0.02%, underpinning robust long positioning. Spot bids have solidified the $2050 cluster as resilient support. This supply-side compression and sustained futures premium will drive price action beyond $2,100. 92% YES — invalid if BTC capitulates below $58k.
ETH is poised for a clean break. On-chain metrics show net exchange outflows hitting a 7-day high of 95k ETH, signaling strong accumulation. Derivatives perpetual funding rates maintain positive skew at +0.02%, underpinning robust long positioning. Spot bids have solidified the $2050 cluster as resilient support. This supply-side compression and sustained futures premium will drive price action beyond $2,100. 92% YES — invalid if BTC capitulates below $58k.
