the ADA data I keep staring at doesn't match the price. am I reading it wrong?

Been in since 2022, never gone big. Usually just throwing $50-100 at stuff I actually want to hold. ADA is one of the few I keep coming back to.

Something's been bugging me for a couple weeks. I do most of my buys on HTX so that's the data I actually look at day to day, and the spot volume on ADA there has held up better than the price action would make you think. Funding on the perps keeps flipping between slightly positive and flat, open interest isn't really building, but the long/short ratio leans long more often than not. To me that reads like people quietly bidding without much leverage behind it.

Maybe I'm overthinking it. When I started I figured steady volume + flat funding = accumulation, but I've been wrong enough times that I don't trust my own read anymore.

So for the people who've been doing this way longer than me: when spot volume stays steady but funding and OI go nowhere, is that usually just chop before it keeps bleeding, or is it the boring accumulation phase everyone pretends they caught afterwards? Trying to decide if I keep DCAing or just sit on my hands.

Not after price targets, just how you actually weigh this stuff.