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Published 7 Jun 2026, 09:10 UTC · fetched 20 Oct 2026, 05:26 UTC
CrediBULL Crypto
@CredibleCrypto
Quoting · 6 Jun 2026, 19:25 UTC · context given to the AI
An update to this a little over 24 hours later. We continue to see signs of a shift in momentum here. Funding is now oscillating between negative and positive, and much more "neutral" than it was during our correction from the range highs. Spot premium has also recovered and is no longer dropping as it was during the decline. There is clearly some buying interest (or lack of selling interest) here at the 60k range lows. In the short term I would not be surprised to see one more marginal lower low to clean up the lows but overall this is good progress. We want to continue to monitor these metrics over the next 24-48 hours to see if they continue to improve (more consistent negative funding and/or stronger spot premium). $BTC12 hours later and the grind up on negative funding continues! Love to see it! This is the exact same signature we saw on $BTC during our last grind up from range lows at 60k all the way to our last local high at 80k+. For now, my eyes are on just a little over 70k for a nice relief rally if we can keep this up- at that point we will once again be up against a fresh supply zone and will have to be a bit more cautious.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 63448.34 / 62504.84 − 1 = +1.51%d × r = +1.51% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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