Market Direction Index is approaching a high bearish level. Both fund flow and market sentiment continue to show a pessimistic attitude from traders.

The concentration of short positions in BTC has increased, whales tend to be on the bearish side, while bullish momentum is weakening. Based on the Liquidation Map, large liquidations are concentrated in the upper area of 87k–88k, and significant liquidation pressure is also observed in the lower area of 84k–82k.

ETH and SOL also remain in a short concentration condition, with whales still leaning towards bearish.

The 8-hour Whale Hunter distribution shows a clear influx of whales today in AIOT, ACE, and VET.

Blave AI analysis shows that the strongest tokens today are MYX, M, and FOLKS, while ALLO, MMT, and STABLE are classified as the weakest tokens.

$BTC

$ETH

#WriteToEarnUpgrade