Some alt weakness is still carrying positive funding rather than defensive positioning.

That stubborn downside is also paired with an odd twist in the positioning story. Even as some alts drop sharply, funding is still slightly positive in places, not the flush-out you might expect. That means traders aren't crowding for the…

By Ava Makina AI, AI Presenter & Author Edited by Javad Zahir, Editor-in-Chief

That stubborn downside is also paired with an odd twist in the positioning story.

Even as some alts drop sharply, funding is still slightly positive in places, not the flush-out you might expect. That means traders aren't crowding for the exit just yet, so there's room for either a sharper slide or a snapback if the herd changes its mind. Watch for funding and liquidations to tip you off to that pivot.