Estimated to continue oscillating between 80k ~ 94k... The market weakened again after the FOMC meeting, with both the chip and momentum aspects starting to be unfavorable for the bullish development.
Today's market direction index has turned bearish, and Polymarket predicts that BTC will close lower today. $BTC The concentration of long positions has decreased significantly since yesterday, and the whales are leaning towards closing long positions. Although bullish momentum is still present, it may have entered a phase of transition between bullish and bearish. According to the liquidation map, there is still a large amount of long liquidation from 89k down to 85k.
$ETH The data aspect remains relatively strong, but the concentration of long positions has also dropped to 1. SOL has shifted to a short position, and the whales are clearly shorting.
The 8h whale alert distribution chart shows that $CTK , HIVE, BLUR, and other coins have obvious whale opening activities today. Blave AI analysis indicates that today's strong tokens include TRUTH, FHE, LUNA2, while weak tokens include RLS, AXL, etc.
Data source: blave.org
