BTC positioning looks off here.
Cumulative Longs & Shorts Delta has jumped to +$498.5M. Traders are loading up on longs, but Whale vs Retail Delta is negative at -0.82.
Whales arenβt backing the move. They may be selling into retail demand.
BTC was rejected around $65,000 and is now trading near $63,750. The bid/ask ratio is still slightly positive, but actual buy pressure is almost flat.
That leaves the market crowded on the long side.
If BTC canβt reclaim $64,500β65,000, these fresh longs could fuel a flush below $63,500. The next key area would be $62,000β62,200.
A clean reclaim of $65,000 kills this setup and puts $66,000β67,000 back in play.
For now, Iβd stay cautious. Retail is adding longs while whales step away.
Cumulative Longs & Shorts Delta has jumped to +$498.5M. Traders are loading up on longs, but Whale vs Retail Delta is negative at -0.82.
Whales arenβt backing the move. They may be selling into retail demand.
BTC was rejected around $65,000 and is now trading near $63,750. The bid/ask ratio is still slightly positive, but actual buy pressure is almost flat.
That leaves the market crowded on the long side.
If BTC canβt reclaim $64,500β65,000, these fresh longs could fuel a flush below $63,500. The next key area would be $62,000β62,200.
A clean reclaim of $65,000 kills this setup and puts $66,000β67,000 back in play.
For now, Iβd stay cautious. Retail is adding longs while whales step away.
π1
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Jim Cramer says he will sell all his Bitcoin due to quantum risks
SPCX and CRCL are both sitting at all-time lows with earnings this week.
SPCX reports on August 4, followed by a major unlock on August 6. The stock is down 52% from its highs, with a $1.4T market cap.
CRCL reports on August 5. Itβs down 80% from its highs, with a $15.5B market cap.
Two beaten-down names with major catalysts. Expect volatility.
SPCX reports on August 4, followed by a major unlock on August 6. The stock is down 52% from its highs, with a $1.4T market cap.
CRCL reports on August 5. Itβs down 80% from its highs, with a $15.5B market cap.
Two beaten-down names with major catalysts. Expect volatility.
#TOWNS is attempting to break out of a year-long falling wedge.
A confirmed daily close above the wedge could trigger a much larger reversal. If the breakout holds, the main upside target sits near $0.0135, roughly 5x from current levels.
Still waiting for confirmation.
A confirmed daily close above the wedge could trigger a much larger reversal. If the breakout holds, the main upside target sits near $0.0135, roughly 5x from current levels.
Still waiting for confirmation.
BRENT CRUDE FUTURES UP 3% TO $86.33/BBL ON US-IRAN WAR UNCERTAINTY
PUMP keeps outperforming the market.
Up over 60% in the past few weeks while most alts have gone nowhere.
The current long is sitting at roughly $11,500 in unrealized profit, up over 300%.
Still holding.
Up over 60% in the past few weeks while most alts have gone nowhere.
The current long is sitting at roughly $11,500 in unrealized profit, up over 300%.
Still holding.
#XRP is sitting right on the lower boundary of a massive falling wedge.
The $1.05 area is the key level here. If it holds and XRP breaks the upper trendline, Iβm looking for a move toward $2.30.
Still waiting for confirmation, but the risk/reward from this zone looks solid.
The $1.05 area is the key level here. If it holds and XRP breaks the upper trendline, Iβm looking for a move toward $2.30.
Still waiting for confirmation, but the risk/reward from this zone looks solid.
β€1
ZEC at $520.
Still the most convincing performer among the majors.
The Ironwood upgrade went through successfully, putting the unlimited supply concerns to rest. Trust is coming back.
The current narrative is even stronger: cryptoβs first AI stress test of this scale. Zcash passed it.
Position update: still holding.
Still the most convincing performer among the majors.
The Ironwood upgrade went through successfully, putting the unlimited supply concerns to rest. Trust is coming back.
The current narrative is even stronger: cryptoβs first AI stress test of this scale. Zcash passed it.
Position update: still holding.
#CRV is testing major daily trendline resistance.
A clean breakout could open the door to a much bigger rally.
Watching for confirmation.
A clean breakout could open the door to a much bigger rally.
Watching for confirmation.
BTC just printed a huge spike in anchored CVD on Binance, with aggregated spot CVD confirming the buying.
USD-M OI is rising with it, meaning new longs are entering, not just shorts closing.
Bullish if BTC holds above $65k. If all this buying gets absorbed and price falls back below $64.5k, those late longs become fuel for the downside.
USD-M OI is rising with it, meaning new longs are entering, not just shorts closing.
Bullish if BTC holds above $65k. If all this buying gets absorbed and price falls back below $64.5k, those late longs become fuel for the downside.
#DUSK is testing the upper boundary of a four-month descending channel.
A breakout and could open a move toward $0.11, roughly 90% above current levels βοΈ
A breakout and could open a move toward $0.11, roughly 90% above current levels βοΈ
π₯5
#ACT is testing the upper boundary of a massive falling wedge on the weekly chart.
A confirmed breakout and hold above $0.01 could open a move toward $0.04, roughly 300% from current levels.
A confirmed breakout and hold above $0.01 could open a move toward $0.04, roughly 300% from current levels.
β€4
The Chinese are buying gold again.
With their stock market turning volatile, investors have been rotating into gold for two straight weeks.
Gold ETFs recorded roughly $1.5 billion in inflows over the past few days, while gold itself nearly touched $4,300.
Was $4,000 the local bottom?
With their stock market turning volatile, investors have been rotating into gold for two straight weeks.
Gold ETFs recorded roughly $1.5 billion in inflows over the past few days, while gold itself nearly touched $4,300.
Was $4,000 the local bottom?
#COOKIE finally broke the descending trendline that has controlled price since early 2025.
This is the first meaningful shift in the daily structure in a long time.
This is the first meaningful shift in the daily structure in a long time.
β€1