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karazz11- Onchain Metric
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Bearish
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$EIGEN
BEARISHH 🔥🔥
90D CVD is red and trending lower ⇒ distribution remains the dominant phase.
$EIGEN
#Onchain
EIGENUSDT
Perp
0.3999
-0.02%
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karazz11- Onchain Metric
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$INJ ONCHAIN Unlike many other L1s (ADA/ALGO/…), which went through classic FOMO → heavy distribution, $INJ has completed a full, healthy market cycle: Accumulation → Uptrend → Distribution → Correction. The current correction remains healthy, with NO signs of free-fall or a dead cycle yet. Conditions for INJ to return to an uptrend: » Heating (light red bubbles) + price forming higher lows » No early Overheating (dark red bubbles) at low price levels — to avoid a bull trap. #Onchain
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$ENA is also gradually cooling down, with a series of small bubbles showing that volume and capital inflow have not returned yet. 🐳Whales have also taken significant losses on ENA, from the $0.8 level down to the current price.😭😭 $ENA #Onchain
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$SUI Onchain Chart 1: Spot Average Order Size Green bubbles with medium size → Big whales are active, fairly dense, likely buying and selling for short-term scalps. Chart 2: Spot Volume Bubble Map Green bubbles with small size → Cooling phase = low participation / “lonely” market. $AVAX shows a similar structure. #Onchain
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