Funding rates reset, end of year holidays behind us.
Next week will be the first full week of 2025 where I expect liquidity and volumes to come back into the market. We should also have the tax related transfers behind us at that point.
Funding rates reset, end of year holidays behind us.
Next week will be the first full week of 2025 where I expect liquidity and volumes to come back into the market. We should also have the tax related transfers behind us at that point.
Generally, these give a good estimate of the strength of the low to mid timeframe trend.
Currently, the market is quite undecisive during this end of the year low liquidity environment.
The reaction from this area will be key going into 2025.
Generally, these give a good estimate of the strength of the low to mid timeframe trend.
Currently, the market is quite undecisive during this end of the year low liquidity environment.
The reaction from this area will be key going into 2025.
Expecting this to remain choppy until the new year. After which liquidity returns and we'll likely see some stronger moves again.
Expecting this to remain choppy until the new year. After which liquidity returns and we'll likely see some stronger moves again.
Yet, it outperformed very well since its listing. Which makes sense also seeing the performance by $SUI & $HYPE recently.
Clean trend so far.
Yet, it outperformed very well since its listing. Which makes sense also seeing the performance by $SUI & $HYPE recently.
Clean trend so far.
Looks good for continuation as long as it trades above this massive volume node as well as the Daily 200MA/EMA around ~$1.4
I'm still holding this in my long term portfolio for AI exposure.
Looks good for continuation as long as it trades above this massive volume node as well as the Daily 200MA/EMA around ~$1.4
I'm still holding this in my long term portfolio for AI exposure.
This range between $0.35-0.45 is key to watch.
It has been finding support on this high volume node above $0.38 which is good.
I'm assuming the next test of $0.45 should see this break higher.
This range between $0.35-0.45 is key to watch.
It has been finding support on this high volume node above $0.38 which is good.
I'm assuming the next test of $0.45 should see this break higher.
Looking for ~$220 to hold. If it does, aiming for the range/all time highs next.
Looking for ~$220 to hold. If it does, aiming for the range/all time highs next.
Let me know which ones and I'll pick out a few in a few hours 👇
Let me know which ones and I'll pick out a few in a few hours 👇
Would not be surprised to see that big ramp up in Open Interest on Bybit, disappear if BTC keeps grinding higher and shorts get squeezed a bit.
Generally feel like the short term will still be choppy.
Would not be surprised to see that big ramp up in Open Interest on Bybit, disappear if BTC keeps grinding higher and shorts get squeezed a bit.
Generally feel like the short term will still be choppy.
Funnily enough, all the regions/timezones/sessions are very much moving hand in hand.
The APAC region has been catching up.
There have been specific weeks where the US Sessions were more bullish or bearish than others.
Funnily enough, all the regions/timezones/sessions are very much moving hand in hand.
The APAC region has been catching up.
There have been specific weeks where the US Sessions were more bullish or bearish than others.
Next level up would be the white zone around $0.065 which would mark a larger timeframe reversal.
Next level up would be the white zone around $0.065 which would mark a larger timeframe reversal.
If last year was anything like we can expect this time, the next consolidation period should be shorter followed up by a new leg higher in Q1.
If last year was anything like we can expect this time, the next consolidation period should be shorter followed up by a new leg higher in Q1.
$500M+ in Open Interest added on just Bybit in the past hour.
Funding going down but I feel like this open interest is a mixed bag between longs & shorts.
Likely going to cause another relatively large move soon as one side will get caught offguard.
$500M+ in Open Interest added on just Bybit in the past hour.
Funding going down but I feel like this open interest is a mixed bag between longs & shorts.
Likely going to cause another relatively large move soon as one side will get caught offguard.
Obviously these are mostly large caps which are generally more "stable".
Keeping close track on which coins outperform once the market gets a move back up going.
Obviously these are mostly large caps which are generally more "stable".
Keeping close track on which coins outperform once the market gets a move back up going.
Let's see how this plays out.
I think it's unlikely that alts re-visit yesterday's wicks if this were to play out. The leverage was flushed out, likely to see them outperform again once the market stabilizes a bit and $BTC starts trending back up.
Let's see how this plays out.
I think it's unlikely that alts re-visit yesterday's wicks if this were to play out. The leverage was flushed out, likely to see them outperform again once the market stabilizes a bit and $BTC starts trending back up.
If it can hold the 2024 previous high as support here that'd be great.
If it can hold the 2024 previous high as support here that'd be great.
This cosolidation getting very narrow at this point.
Needs to clear that trend line and high volume node, if it can do so I think it should move well.
This cosolidation getting very narrow at this point.
Needs to clear that trend line and high volume node, if it can do so I think it should move well.
Where $BTC was the main coin to wick lower last week, alts are getting hit hard with many seeing 30%+ wicks down.
These are generally the liquidation events you want to be waiting for during these larger uptrends.
Where $BTC was the main coin to wick lower last week, alts are getting hit hard with many seeing 30%+ wicks down.
These are generally the liquidation events you want to be waiting for during these larger uptrends.
The fiat debasement is something that has been going on forever and has only accelerated in the recent years.
You want (hard) assets to protect yourself against this trend in the long run.
The fiat debasement is something that has been going on forever and has only accelerated in the recent years.
You want (hard) assets to protect yourself against this trend in the long run.
Just need sufficient spot bid to come in now.
Just need sufficient spot bid to come in now.
It also builds a stronger base for the next leg up.
But don’t over leverage at any point. And especially be careful when knife catching these dips.
It also builds a stronger base for the next leg up.
But don’t over leverage at any point. And especially be careful when knife catching these dips.
It has taken a while and isn't quite there yet. But at least ETH/BTC is taking back some ground which has sparked overall altcoin strength in the market.
Price discovery for $ETH generally makes for a very exciting market as a whole.
It has taken a while and isn't quite there yet. But at least ETH/BTC is taking back some ground which has sparked overall altcoin strength in the market.
Price discovery for $ETH generally makes for a very exciting market as a whole.
Especially as Linea wants to boost the memes in their ecosystem.
$FOXY is that for Linea which has its launch coming soon.
Especially as Linea wants to boost the memes in their ecosystem.
$FOXY is that for Linea which has its launch coming soon.