⚖️ Ethereum is short-term caught in a tug-of-war of data contradictions

Recently, some analysts scanned ETH's contract market and found an interesting phenomenon. From a technical perspective, it looks a bit overheated—daily RSI has reached 82, which usually indicates a need for a short-term cooldown. Meanwhile, open interest and price are diverging; the price is rising but open interest hasn't kept up, suggesting that bullish momentum may be waning.

But the funding side tells a different story. The funding rate is only 0.0072%, a very important figure—indicating that the market isn't experiencing FOMO, and buying is quite rational. The overall structure looks like a slow bull accumulation. Even more interesting, large traders showed a clear active buy-in at 8 PM, a behavior often seen as a positive signal.

Overall, this is a typical "time for space" consolidation phase—technically, a breather is needed, but the funding supports continued upward movement.

💡 Practical advice is simple:

For those already holding positions, avoid frequent operations and let profits run. Chasing highs now is gambling and not worth it. If you're not in a hurry, wait for RSI to cool down a bit before considering entry; this will give a more comfortable risk-reward ratio.