Futures Market Analysis:
While on-chain profit/loss remained muted during recent ATH and correction, futures activity accelerated significantly 📊⚡️. Open interest stays elevated at $67B, highlighting high leverage in play 💪📈.
Over -$2.3B in open interest unwound during sell-off - only 23 trading days saw larger nominal declines, underscoring speculative nature where moderate moves trigger major leverage contractions 🔄💥👀
While on-chain profit/loss remained muted during recent ATH and correction, futures activity accelerated significantly 📊⚡️. Open interest stays elevated at $67B, highlighting high leverage in play 💪📈.
Over -$2.3B in open interest unwound during sell-off - only 23 trading days saw larger nominal declines, underscoring speculative nature where moderate moves trigger major leverage contractions 🔄💥👀
Trading Crypto Compass
#BTC Update: #BTC barely broke $112,000 before dropping after fakeout of resistance area 📉🔄. Range remains valid with potential consolidation phase ahead 💪📊. Watch for further price development within current trading range ⚡️👀🎯
Trading Crypto Compass
#TOTAL UPDATE : #TOTAL had some super breakout and hit the new All time high in the crypto market. Price now above the previous ATH and resistance area with that a weekly closing will lead the further ATH movement.
Combined liquidation volumes rose during recent events - shorts hit $74M at ATH, longs reached $99M during downtrend 📊💥. However, these levels remain lower than similar volatile moves this year 🔄📉.
Suggests significant portion of contract closures were voluntary and risk-managed rather than forced liquidations from excessive leverage ⚡️💪👀
Suggests significant portion of contract closures were voluntary and risk-managed rather than forced liquidations from excessive leverage ⚡️💪👀
Trading Crypto Compass
#BITCOIN Daily TF Update: #BITCOIN failed to flip resistance on Daily TF with clean drop following 📉💪. Price broke support and now approaching next support zone at $106,000 - $106,450 🎯📊. As previously warned, further downside possible - plan trades accordingly…
Trading Crypto Compass
#LINK Update: #LINK consolidating below resistance with setup forming - waiting for breakout confirmation 📊🔄. Setup appears less probable but worth taking once it materializes 💪⚡️. Patience required until clear breakout signal develops 👀🎯📈
Liquidation Analysis:
Combined liquidations rose during recent events - shorts hit $74M at ATH, longs reached $99M in downtrend 📊💥. These levels remain lower than similar volatile moves this year 🔄📉.
Suggests most contract closures were voluntary and risk-managed rather than forced excessive leverage liquidations ⚡️💪👀
Combined liquidations rose during recent events - shorts hit $74M at ATH, longs reached $99M in downtrend 📊💥. These levels remain lower than similar volatile moves this year 🔄📉.
Suggests most contract closures were voluntary and risk-managed rather than forced excessive leverage liquidations ⚡️💪👀
Trading Crypto Compass
#BTC Weekly Update: #BTC closed the week with a sweep/liquidity hunt of the previous weekly low and is now sustaining above the key support area 📉💪. Price still rejecting the zone on HTF 🔄📊. Need to see sustained candle maintenance above this level for bullish…
Trading Crypto Compass
#BITCOIN Weekly TF Update: #BITCOIN slid below market structure level but forming bullish candle showing buyers attempting control 📉💪. Direction now depends heavily on fundamental news events 📊⚡️. Last support area at $104,000 - $105,000 in case of further…
#BTC showing minimal movement with weekly close offering no clear direction 🔄📊. Price remains sideways between two strong zones - waiting for breakout and HTF closing confirmation 💪⚡️.
Patience required until market provides decisive directional move 👀🎯📈
Patience required until market provides decisive directional move 👀🎯📈
STRATEGY BUYS 1,955 BITCOIN FOR AGGREGATE PURCHASE PRICE $217.4M.
Trading Crypto Compass
#US30 Update: #US30 moved as expected, retracing to $45,200 zone and bouncing perfectly from there 🎯💪. Price now heading toward all-time highs with continuation expected 📈🚀. Bullish momentum remains intact for further upside push ⚡👀📊
Trading Crypto Compass
#BTC showing minimal movement with weekly close offering no clear direction 🔄📊. Price remains sideways between two strong zones - waiting for breakout and HTF closing confirmation 💪⚡️. Patience required until market provides decisive directional move 👀🎯📈
Trading Crypto Compass
#GOLD UPDATE : #GOLD finally gave the break and retest of the triangle pattern and had a new All Time Highs. The Consolidation Range, has ended, buys looks more promising.
Major altcoin futures open interest (ETH, SOL, XRP, DOGE) surged to ATH of $60.2B, nearing Bitcoin contract levels 🚀📊. Short-lived peak followed by -$2.6B decline - 10th largest drop on record 💥📉.
Rapid fluctuations show altcoins drawing significant investor attention, contributing to heightened market reflexivity and fragility ⚡️🔄👀
Rapid fluctuations show altcoins drawing significant investor attention, contributing to heightened market reflexivity and fragility ⚡️🔄👀