#TOTAL UPDATE:

#TOTAL is moving as expected. We have been indicating a bearish market for the past week following the fake-out. Now we can see the impact, as we are currently at a key support area around $2.4T, where a reversal could occur.

Price slipping below #TrueMarketMean has flipped the 30D accumulation cohort underwater — cost basis at $78.2K now acting as #Resistance rather than support 📉🔴.

Below spot, 1M–3M holder cost basis at $71.4K represents the most probable near-term #Support — this cohort retaining thin profit margins with growing incentive to protect gains ⚡️🎯👀

#ETH is going as per the plan and gave another shot down, printing a new lower low. Price is at an intermediate support area; nothing is clean as of now. Another lower is on the way; only hold the short positions.

#BTC is making lower lows and lower highs on daily timeframes. There is currently no strength, and I expect a test of the lower support area. The price action will determine the next move.

Here is the analysis of #CHZ:

#CHZ is continuing the Head and Shoulders pattern and has broken the support channel. It is now approaching the strong support area around $0.028–$0.030. Taking buys directly would be risky; instead, take short sells after a break below.

#BTC WEEKLY TF UPDATE:

#BTC had a strong candle close past week irrespective of candle rejection. Price gave the shallow candle close below the support area, and this week's bias is still bearish, so lower lows are on the way. Short-sells can be held with breakeven stops.

#US30 UPDATE:

#US30 failed to test the support zone and now flipped the resistance again, making new ALL TIME HIGHS. Still looking bullish and strong, taking short-term buys in #NYSE open, targeting the #ATH again.

📊 #OrderFlow data suggests the recent #Bitcoin pullback is mainly being driven by #spot selling. #Futures #OpenInterest has only eased slightly and remains elevated, while #SpotCVD has weakened much more than #FuturesCVD, showing sellers are more active in the spot market than shorts in derivatives.

📈 #FundingRates support this view. Despite the price decline, funding has stayed positive and is starting to rise again, meaning leveraged longs are still paying to hold positions through the weakness.

⚖️ Overall, the market remains heavily positioned on the long side while #spot demand continues to soften. This imbalance will likely be resolved by either fresh #Bitcoin buying returning or a larger #derivatives reset to clear excess leverage. 🚀📉