The Liveliness metric also captures this change in market character, and indicates that the Bitcoin network is seeing a greater volume of coinday creation than destruction. In other words, the market is now expressing a greater preference for holding coins for longer periods of time, rather than actively distributing coins for a profit.

What Is a Metatransaction?

A metatransaction is like having a helper who carries out a task for you. In this case, it's executing a transaction that someone else has signed on your behalf. Instead of you needing to send this transaction to the public blockchain, the helper does it for you. So, metatransactions simplify things and save you the cost of using gas on public blockchains. All you have to do is sign the transaction with a click.

Usually, when you make a transaction on a public ledger, you sign it yourself, and it goes into a waiting area called the mempool. Miners then include your signed transaction in the next block. During this process, you're the one paying the gas fees, which can be a hassle. Plus, you usually have to pay these fees using the native token of the blockchain, even if you're using a decentralized app (dApp) with its own token.

Metatransactions change this by allowing dApps to handle the gas fees and token payments for you. Instead of you paying the fees, the dApp or another third party does it for you. For instance, a dApp developer might cover the gas fees to attract more users. They can also decide whether users need to use their own token to pay for gas or if they'll cover the costs entirely. In either case, they use metatransactions to manage the transaction on the blockchain and pay the necessary fees. All you need to do is sign the transaction, and you might not have to pay any gas fees at all.

The main advantage of metatransactions is that they make using blockchain applications much easier for users. They shift the burden of dealing with gas fees and transactions from the users to the developers or infrastructure behind the scenes.

Here's the Analysis of #UNI :

#UNI kept on rejecting from the Strong Resistance area of $11.59 - $11.78. Price broke through the channel pattern and trend with bullish market structure. Expected a Bounce from the trendline, in anticipation of break of the resistance and new printing new Higher High.

#BTC took a bounce from the support drawn (red box) and attempting to break the Major Resistance again. With that, today is strong fundamental news, and with that a strong movement is expected, so better tighten the stops in any futures trade opened.

#LPT is did a successful break and retest of the flag pattern and made a push too. Price made a high of $25, which 13% - 16% in profits from the zone. Currently, price is getting a pullback before the next leg up.

We can see a large decline in the Sell-Side Risk Ratio over recent weeks, which suggests the market has found a degree of equilibrium over the course of this correction.

#ETH UPDATE :

#ETH made a drop lower again and reached the support zone nearby $3600. We can see price kinda rejecting the zone and expected to reach out the other end of the zone around $3950. You can have the short trade with in this.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, still on a consolidation but instead kept on hodling the supporting up trendline. Price nearly at the resistance area which also getting rejections. Not expecting much from here, only a breakout can lead some strong moves, we gonna see some the consolidation continues.

#ALICE dropped hard with the market and reached the flip level around $1.64 and kinda rejecting the support area. An another retest can be done here towards the 50% of the wick, that's a risk move take it accordingly.

The chart assesses market volatility by measuring the percentage range between the highest and lowest price points over the last 60 days. Currently, volatility is compressing to levels typically seen after prolonged periods of consolidation. Historically, such low volatility levels often precede significant market moves, indicating that a large price movement may be imminent.

#ADA ANALYSIS :

#ADA kept on hodling the Major Support Zone of $0.41 - $0.42, and we can see price is just consolidating in range itself. We can again anticipate the rejection from the support which could be a potential buys opportunity of us.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, didn't gave a retest but moved straight upwards towards the Resistance drawn and rejected too. Price clearly don't aggressive moving now. Now, a potential retest at $66,000 will be the High Probable.

#DXY UPDATE :

#DXY did gave break of the market structure and now make a deeper pullback. Price again taking a deeper retest back inside the resistance area, and with the Monday Market Open, we can see some strong moves with the market.

What is URPD (UTXO Realized Price Distribution) ?

#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.

The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.

This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.

By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.

Using the URPD metric, we can gauge the density of coins around the current spot price to identify market sensitivity points. Notably, about 15.9% of the coin supply is just below the current price, indicating strong support. Conversely, only 1.1% of the supply is above the current price, suggesting that sustained demand could trigger significant price increases.

Here's the Analysis of #EDU :

#EDU swinging lower after breaking the support and a consolidation range. Well, price moving lower and might reach out the support area of $0.64 - $0.65. Buys gonna be risky and wait for the market strcutural shifting before entering.

#BTC Weekly candle closed somewhere in between and of the medium bullish one and a rejection too. #Bitcoin on hourly TF, looks like holding the support/flip area over the zone and move correctively. We can experience a dip again due to this nature.

#US30 UPDATE :

#US30 moved perfectly with the drawn up chart and getting rejected too. Now, index reached a market structure point within the internal structure, so expected a continuation in drop here, by which support will be broken.