BEL/USDT made a quick move to the upside smashing our 1st target, More to comeπ
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, had a very strong Daily candle closing, and market right now, going weak as the market, so sideways to this Sharp move up. Price printed a new ATH over $77,000 and retraced lower. Overall, we're bullish so these pullbacks will come, now all eye on Weekly Closing.
#BITCOIN on Daily TF, had a very strong Daily candle closing, and market right now, going weak as the market, so sideways to this Sharp move up. Price printed a new ATH over $77,000 and retraced lower. Overall, we're bullish so these pullbacks will come, now all eye on Weekly Closing.
#IO played very well, made a high around $2.06 which is 37.5% in profits. Price broke through the structural resistance zone and expected to hit the major resistance. Time to book some profits and hold rest towards the major levels.
The Bitcoin trading landscape has changed dramatically since 2016 when perpetual swaps were first introduced. These derivatives instruments have made Bitcoin trading much more sophisticated, allowing traders to use leverage and hedging strategies. The market's current state shows high activity, with total futures positions (Open Interest) hitting a record $32.9B - a sign of increasing leverage in the system.
What is Open interest (OI) ?
Open Interest (OI) serves as a vital market gauge in cryptocurrency trading, particularly in futures and derivatives. At its core, OI represents the total value of all open contracts that haven't been settled yet. Unlike trading volume, which might show $50B worth of daily trades, OI shows how many positions remain actively open in the market. For example, Bitcoin's recent OI reaching $32.9B means there are $32.9 billion worth of futures contracts currently active.
The real power of OI comes from watching how it changes alongside price movements. Imagine Bitcoin's price rising from $60,000 to $65,000 while OI jumps from $25B to $30B - this would suggest strong bullish conviction as more money flows into long positions. Conversely, if OI rises from $25B to $30B while price falls from $65,000 to $60,000, it typically indicates growing bearish sentiment as more traders open short positions.
Historical examples show OI's predictive power. During the 2021 bull run, Bitcoin's OI peaked at around $23B just before the $69,000 all-time high, suggesting an overheated market. When this high leverage unwound, it contributed to the subsequent price crash. Compare this to current markets, where OI has hit $32.9B - a 43% increase from the previous peak, indicating significantly more leverage in the system than during the last cycle.
The practical implications for traders are significant. When OI is high, like the current $32.9B level, it suggests both opportunity and risk. The opportunity comes from strong market participation and potential trend continuation. However, the risk lies in potential liquidation cascades - if Bitcoin were to suddenly move against heavily leveraged positions, it could trigger a chain reaction of forced closures. For context, even a 5% price swing at current OI levels could trigger billions in liquidations, potentially amplifying price movements in either direction.
Open Interest (OI) serves as a vital market gauge in cryptocurrency trading, particularly in futures and derivatives. At its core, OI represents the total value of all open contracts that haven't been settled yet. Unlike trading volume, which might show $50B worth of daily trades, OI shows how many positions remain actively open in the market. For example, Bitcoin's recent OI reaching $32.9B means there are $32.9 billion worth of futures contracts currently active.
The real power of OI comes from watching how it changes alongside price movements. Imagine Bitcoin's price rising from $60,000 to $65,000 while OI jumps from $25B to $30B - this would suggest strong bullish conviction as more money flows into long positions. Conversely, if OI rises from $25B to $30B while price falls from $65,000 to $60,000, it typically indicates growing bearish sentiment as more traders open short positions.
Historical examples show OI's predictive power. During the 2021 bull run, Bitcoin's OI peaked at around $23B just before the $69,000 all-time high, suggesting an overheated market. When this high leverage unwound, it contributed to the subsequent price crash. Compare this to current markets, where OI has hit $32.9B - a 43% increase from the previous peak, indicating significantly more leverage in the system than during the last cycle.
The practical implications for traders are significant. When OI is high, like the current $32.9B level, it suggests both opportunity and risk. The opportunity comes from strong market participation and potential trend continuation. However, the risk lies in potential liquidation cascades - if Bitcoin were to suddenly move against heavily leveraged positions, it could trigger a chain reaction of forced closures. For context, even a 5% price swing at current OI levels could trigger billions in liquidations, potentially amplifying price movements in either direction.
Get ready for a massive SPOT & FUTURES call at 4PM GMT today!
BTC holding strong above $72.5k and altcoins are showing early bull signs so we're going to share a strong news based call.
Remember our #ARPA #AUCTION calls? It's happening again so be ready to act fast for Maximum gains today πβοΈ
Exchange: Binance & MEXC
BTC holding strong above $72.5k and altcoins are showing early bull signs so we're going to share a strong news based call.
Remember our #ARPA #AUCTION calls? It's happening again so be ready to act fast for Maximum gains today πβοΈ
Exchange: Binance & MEXC
30 minutes leftπ
Get ready for a strong news based SPOT & FUTURES call at 4PM GMT today!
Exchange: Binance & MEXC
Get ready for a strong news based SPOT & FUTURES call at 4PM GMT today!
Exchange: Binance & MEXC
Buying #BEL/USDT here
Lying on very strong horizontal support which looks perfect for accumulation
MACD crossover on higher timeframe indicating bullish momentum aheadπ₯
Looks ready for a takeoff anytimeπ
Buy on MEXC: https://www.mexc.com/exchange/BEL_USDT
Buy on Binance: https://www.binance.com/en/trade/BEL_USDT
Targets: $0.6- 0.65- 0.72- 0.85
Lying on very strong horizontal support which looks perfect for accumulation
MACD crossover on higher timeframe indicating bullish momentum aheadπ₯
Looks ready for a takeoff anytimeπ
Buy on MEXC: https://www.mexc.com/exchange/BEL_USDT
Buy on Binance: https://www.binance.com/en/trade/BEL_USDT
Targets: $0.6- 0.65- 0.72- 0.85
#BEL is gearing up for something BIG in the coming weeksπ
A major catalyst is on the horizon, and itβs about to skyrocket π
https://x.com/BellaProtocol/status/1855279664346079410?t=0q2Acg4-SgdmFQrlE0jJ_w&s=19
A major catalyst is on the horizon, and itβs about to skyrocket π
https://x.com/BellaProtocol/status/1855279664346079410?t=0q2Acg4-SgdmFQrlE0jJ_w&s=19
#PRA
#CTSI/USDT analysis :
#CTSI is currently trading at a support zone and is expected to bounce back from this level, rising to test the resistance zone. A potential gain of 140% is anticipated from the current level.
TF : 1W
Entry : $0.1405
Target : $0.3404
SL : $0.0888
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#CTSI/USDT analysis :
#CTSI is currently trading at a support zone and is expected to bounce back from this level, rising to test the resistance zone. A potential gain of 140% is anticipated from the current level.
TF : 1W
Entry : $0.1405
Target : $0.3404
SL : $0.0888
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
$78,000 Tocuhed πΊ
$79,000
$80,000 on its way
$80,000 on its way
Bitcoin made new all time high and now trading above $79,000 π
#ARPA moved further and made a high of $0.059, which is 35% in profit in spot and with 10x leverage we have a massive 350% profits.
RG Analitics π’ [PRIVATE CHANNELπ]
Buying #BEL/USDT here Lying on very strong horizontal support which looks perfect for accumulation MACD crossover on higher timeframe indicating bullish momentum aheadπ₯ Looks ready for a takeoff anytimeπ Buy on MEXC: https://www.mexc.com/exchange/BEL_USDTβ¦
#BEL hits the 1st target of 0.6$ which is 8.2% in profits. I hope you booked some over there and take major portion to next major levels.