#FTT token reserve across all exchanges reached an all-time high.
⚡️60% of the circulating supply is in exchanges
⚡️60% of the circulating supply is in exchanges
#XRP dropped hard, while expecting a normal retracement. Price heavily dropped to the drawn support where price sharply react from it. Well, market looking we right now, price may slowly wick-fill and move below support.
#Ethereum , Price just swept out the liquidity from the downside, and left large wick which shows strong buys.Next move depends on the how market sentiment will be. If 4H candles sustain above it then you can expect a short-term bounce.
#AVAX movement between a strong area of support and resistance.Currently, the price has reached the resistance level of 13.77 $ - 14.86 $. By hitting the resistance line, the downward trend decreased.This is a no-trade zone unless the price declines to the main point of interest.
#Ethereum is now testing the major support area of $1230-$1280 area. ETH need to hold this area otherwise we see a dump towards $950-$1000 area. If BTC broke below $18,000 area then we may see a break of the major support in ETH also. If you are looking for new entries then use tight stop loss.
#HNT reached the support level of the daily time frame again. The possibility of growth from this area is very high because we are witnessing both a positive divergence and an ascending harmonic pattern.
💥Sentiment : We are seeing a significant spike in savings from #Ethereum shark and whale addresses. The accumulated coins of addresses holding 100 - 1 million $ETH are collectively worth $783 million currently.
#Aptos moves in a downward channel and has now reached the bottom of the channel, considering the good potential that this currency has, there is a possibility of its growth to the top of the channel.
⚡️MARKET MOVEMENT⚡️
Open Interest for BTC (FTX excluded) has increased 40,000 BTC (worth $700 Billion) in the last 24 hours, one of the most violent daily increases in months, and potentially of our entire current market cycle. This is a very strong market activity indicator for both bulls and bears, and could determine our next long term move.
Open Interest for BTC (FTX excluded) has increased 40,000 BTC (worth $700 Billion) in the last 24 hours, one of the most violent daily increases in months, and potentially of our entire current market cycle. This is a very strong market activity indicator for both bulls and bears, and could determine our next long term move.
#ICP made a new all-time low and now bouncing a little with the whole market. The resistance is the $ 4.72 - $ 5.13 area and we will only look for new entries if a daily candle closes above the $5.05 area. If the price is rejected from the resistance area, we see a new all-time low.
#Bitcoin number of addresses holding 1+ coins just reached an ATH of 921,578
#Bitcoin slowly rejecting down and moved lower. Still there's uncertainty in the market for the movement. 4H Market Structure is bearish, so not expecting any bullish moving. Trades less and take only probably setups. Unnecessary catching bottom will be highly risky.