STX 1D

Longing STX right off here.

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CELO 1D

Massive cup and handle on CELO, it’s about to explode.

FLOW 1D

FLOW creeping to the local bottom. Pick it up.

VTHO 1D UPDATE

VTHO bounced off, +35% profit currently.

As appears to be tradition, smaller Bitcoin HODLers can often be found stacking BTC after significant corrections.

The minnows with < 10 BTC, have accelerated their accumulation since the sell-off in mid-May.

They now hold a collective 13.9% of supply.

REN 1D

Accumulate REN on a dip and hold.

FTM 4H UPDATE

FTM gained +34% on spot market so far.

ZEN 1D

Mid term plan for ZEN.

KMDBTC 2D

KMD on watch for a rally.

COTI 1W UPDATE

COTI bounced off, +271% profit gained.

UNFI 3D

Best opportunity on UNFI here.

FTT 2H

FTT is breaking through the resistance of an ascending triangle. Picking it up.

FIL 1D

I'm going place bids lower and wait for retest.

CTK 2D

Looks like an easy long setup right there.

OKB 2D

Major support will be retested on OKB.

AVAX 1H

Should see a complete reversal on AVAX.

COS 3D

Setting entry targets in the bottom.

OMI 6H

OMI looks good here.

FLM 2D

FLM is printing solid ascending channel with possible continuation above.

Looking at futures open interest we can see a difference between the liquidation cascade from a few weeks ago compared to the events from earlier this week. The prior event was primarily driven by high OI, high funding, meaning there was a lot of leverage was in the market. Spot sold down enough to trigger stop/losses for traders and boom, initiated a cascade of liquidations that sharply drew down open interest. This recent sell-off seemed much more controlled, resembling risk-off behavior from traders/active managers driven by macro uncertainty.

This means spot is leading futures or there is strong demand to be positioned short on perpetual futures.