Positioning shows one name stands out: Bitcoin Cash.

Bitcoin Cash funding is deeply negative at -15.7 percent annualized, open interest stands at 230.8 million and is down 2.79% over 24h, but price hasn't left the range at 237.2-238.1. That negative funding hints at mild bearishness, but with no follow-through in price, there's no clear signal. This is a crowded corner but not a conviction move.