the FOMC hawkishness didn’t do good to any risk asset and Crypto definitely behaving more like it as years pass .. Definitely in a downtrend the past few days, we are approaching the 50% retracement of previous impulse which should definitely be a good area to start buying.

Funding on binance bounced back to the usual 0.01% from flattish the past few days, although seeing 20K eth less in open interest on the first selloff after 11PM london time, which suggest a liquidation. On a bigger timeframe, we can see that 10K BTC have been added in OI the past 4 days which is quite bullish although the trend turning down. For those reasons, I suspect we will see a big red candle (15/20% down) in a day which will be an amazing time to buy

Open interest: https://www.binance.com/en/futures/funding-history/4

Buy zone : 2800 – 2950
additional limit order : 2700