The KOL index is a series of reports based on the community analysis techniques of TokenPost and DataMaxiPlus, analyzing high-reaction and attention content from investors within Telegram. By examining topics of interest in the KOL community from the previous day, it diagnoses market investment sentiment and trends. [Editor's note]
On the previous day in the KOL community, an analysis regarding the unfilled Bitcoin CME gap was shared, and discussions on short-term directional trends continued. Some messages mentioned the possibility that the Bank of Japan's interest rate hike could affect global market sentiment at the end of the year. Such interpretations are based on news perspective, with investors also appearing to adopt a cautious attitude considering the potential for increased volatility as the year-end approaches.
BTC CME Gap: Mention of ETF Average Price... Divergence in Technical Interpretation
Multiple messages pointed out that Bitcoin has not yet fully filled the CME gap. At the same time, an analysis mentioned that the recent price trend rebounded near the average purchase price of ETFs, sharing the view that this range could become a short-term support line. However, some trading opinions suggest that the price is still below the resistance of the trend line, and the possibility of further adjustments cannot be ruled out. Overall, there is a noticeable atmosphere of optimism intertwined with vigilance surrounding short-term technical signals.
Giant Whale: Institutional Movements Highlight... Significant Changes in Large-Scale Positions Attract Attention
In on-chain analysis related news, information was shared about a large address known as the 'Ancient Giant Whale' establishing an unprecedented large-scale long position on Ethereum, Bitcoin, and Solana. Historical profit from large-scale short/long position conversions was also mentioned, leading to high market attention regarding whether similar results will occur this time. On the institutional side, news of large-scale Bitcoin accumulation cases and expanded Ethereum holdings has emerged, with interpretations suggesting that the demand for long-term holding remains ongoing. However, these cases are also based on individual judgments, leading to various interpretations in the market.
DCA Case: Altcoin Supply and Demand; Discussion of Macroeconomic Variables in Parallel
The community shared a DCA case demonstrating substantial returns from daily small incremental purchases over 8 years, reigniting interest in long-term investment strategies. Regarding altcoins, interpretations of supply and demand were mentioned based on the circulation structure of specific cryptocurrencies and the deposit scale of domestic exchanges. On the macroeconomic front, the possibility of a Bank of Japan benchmark interest rate hike was put forward as a specific value, with ongoing observations of its impact on the global financial market towards the end of the year. Additionally, information regarding the decline in DeFi trading volume, project termination news, and various activities and rewards was also shared, revealing a multi-layered focus in the market.
Today's KOL community's top content revolves around the Bitcoin CME gap and technical range interpretation, as well as discussions of macroeconomic variables related to the possibility of the Bank of Japan's interest rate decision. Coupled with the changes in positions of giant whales and institutions, long-term investment cases, and altcoin supply and demand topics, a trend of short-term trading intersecting with medium to long-term perspectives is observed. This content is compiled based on Telegram messages gathered through technical analysis from the DataMaxiPlus community.



