Several names were still carrying positive funding despite sizable 1-day drawdowns.

That brings us to the main tension today. Several names still have positive funding even after their big drawdowns. Bitcoin is down 0.5 percent and Ethereum down 2.06 percent, but funding hasn't washed out. That tells you there's still…

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

That brings us to the main tension today.

Several names still have positive funding even after their big drawdowns. Bitcoin is down 0.5 percent and Ethereum down 2.06 percent, but funding hasn't washed out. That tells you there's still faith in a bounce, but it also means the risk is fast unwinds if we break lower. S&P 500 and Nasdaq are both in the red, equity risk isn't helping crypto here.