Drilling in, Bitcoin Cash stands out for tension between price and positioning.

Bitcoin Cash slipped 1.16 percent in the last 48 hours and is sitting just above its active support at 221.75 dollars. Price is stuck in a range, but open interest moved higher, someone's pressing their bets even as price drifts down. Funding is sharply negative at -18.42 percent annualized. If Bitcoin Cash can't hold above 221.75 dollars, the risk is a quick flush. If it bounces, eyes go to 225 dollars resistance.