Cash Cat [CASHCAT] rose 11% in 24 hours on Nov. 3 as interest in perpetual contracts and broader capital flows supported a potential memecoin rebound. The broader crypto market remained neutral to bullish, with total market capitalization reaching $2.61 trillion. CoinGlass data showed the funding rate climbing to 0.0432% by Nov. 4, indicating that long positions outnumbered shorts, while open interest rose to $50.77 million, including $9.23 million, or roughly 18%, added during the previous 24 hours. More than 51% of perpetual-market volume came from long positions, with buying activity above 50% on Bybit, Gate and Hyperliquid. Technical indicators also improved: the Money Flow Index remained at 56.7 after moving above 50, and Bull Bear Power posted two consecutive green bars. However, the moderate size of those bars suggests bullish momentum remains incomplete, and resistance near $0.122 continues to present an obstacle to a sustained rally.