#BTC #ETH The bulls and bears on Ethereum have each established positions of 150,000 ETH, worth 450 million, within such a narrow range of 2850-2800 on Binance's perpetual pair alone. As mentioned before, when faced with such a rapid increase in open interest, especially within a very small range, there is only one outcome: one side must exit and surrender, and the sign of surrender is a rapid decrease in open interest.