$ZEC broke its 1,428.80 box floor overnight, yet open interest fell only 5% after an 18% drop from the high.
Most of the long book is still in. Bounces into 1,430-1,457 look sellable.
The short read dies on a daily close above 1,490.
$BTC open interest rebuilt 5.7% by this morning while price failed at $84,522 for a second session.
Coil $83,133-$84,522: the new leverage is fuel either way.
PCE at 12:30 UTC. A daily close under $82,200 ends the constructive read.
$HYPE lost $90.25 overnight as perp funding flipped to -23.9% annualized: shorts leaning in, open interest down only 1.4%.
Unstaked supply turns liquid Oct 1, the 9.92M unlock hits Oct 6.
A daily close back above $90.25 traps them.
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@tpro_tank So, I guess, ZEC is going to the watch list. Maybe it will end up in the basket of altcoins for the next bull run? 🤔 who knows.. thanks @tpro_tank
$ZEC set a 1,695 record Saturday night on the week's thinnest volume: 199,885 coins.
Funding stayed near base, but open interest rebuilt 3.9% by this morning.
Monday's liquidity is the test: back below 1,594 and the breakout fails.
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