2026-10-10 | Issue 78
Featured $ETH | Strategy Long, who linked $ETH to the succubus system
$ETH current price 2,498, direction long, pullback 2,480-2,495 to buy in batches. Stop loss 2,462, target first to break 2,535 that tile, then follow the chart's T1 2,618, T2 2,710 upwards, leverage capped at 3x. Reason in one sentence: after the 2,405 spike bottom, the low point has been raised in three levels, shorts start paying rent today, no one can say which side the triangle convergence will break, but the odds clearly favor the bulls.
A quick rant: after dropping more than 10% from 2,739, it didn’t die, and at the close it even twitched a bit making people itchy to act—who linked $ETH to the succubus system?
Shorts start paying rent
The funding side is the most interesting today. The latest funding rate is -0.012%, directly turning negative, and it’s the deepest in the entire window—translated into plain language: shorts are paying money to the longs. Looking back at this week, the rate has been hovering around zero, bulls dare not float, shorts dare not heavily position, last week's big bearish candle disciplined both sides.
The position side is even clearer: on 10/09 net outflow was 397 million USD, the largest withdrawal in 7 days; but on 10/10 and 10/11 there were two consecutive days of inflow, totaling nearly 90 million USD entering the market. This batch of long positions is light and low cost, pushing upwards with ease.
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