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LS ratios have come down.
Open interest was rising in this rectangle area during the weekend, seems majorly ruled by shorts who are being liquidated/taken out during this move up.
Oi has been diffusing as a result. Short term high lev pools near 1300 on ETH could get taken out if spot engines keep pushing.
AVAX
BNB
SOL
Detailed coverage thread on negative funding and its profitability for scalp traders.

https://twitter.com/Jarvis_Labs_LLC/status/1541768951255949312?s=20&t=G9C-0i3cg9BgRap4n9lcYw