ETH/short
ETH OI hits cycle highs and flatlines while price stalls — the 3-week ETHBTC rally fuel is spent.
think that might be it for the 3 week ethbtc move
Peak+0.3%
Single thesis: 3-week ETHBTC rally called exhausted — OI flatlined at cycle highs while price stalled, negative Coinbase Premium confirms no spot demand. Routed as short ETH perp on Hyperliquid.
originalthink that might be it for the 3 week ethbtc move