Today we need to be especially cautious as there is still the possibility of further testing, and the data is starting to weaken...🤧
$BTC Bullish positions are decreasing, whales are leaning towards closing long positions, and bullish momentum continues. According to the liquidation map, a significant amount of liquidation is clustered above 92k~94k and below 86k~87k.
$SOL The data is the weakest, positions are turning bearish, whales are leaning towards closing long positions, and ETH bullish positions are also showing a downward trend. According to the 8h whale alert distribution map, $DEGEN , STABLE, 2Z have significant whale entries today, while Blave AI analyzed that the strong tokens are FOLKS, LUNA2, NAORIS, and the weak tokens are TURTLE, NOT, ORDER, etc.
The mainstream currency chip structure is strengthening, but be aware of the short-term overheating risk, and don't be scared by the roller coaster market! 😁
$BTC Bullish chips are highly concentrated, whales are slightly reducing long positions, and bearish momentum continues to decline. According to the liquidation map, a larger liquidation volume is concentrated around 90k below, and around 96k above.
$ETH The data aspect is relatively strong, whales are clearly bullish, and SOL also maintains a high concentration of bullish chips. During this data phase, it is best to seize the opportunity to buy on the pullbacks.
Through the selection of cryptocurrencies, today's tokens with favorable chips and momentum include $BNB , $C, #KAIA , etc. Blave AI analysis identifies strong tokens such as LIGHT, XMR, SWARM, and weak tokens such as MELANIA, A2Z, NOM, etc.
Several major L1 public chains are following the BTC rise. There's no need to chase the rally excessively; one can wait for pullback opportunities to go long. Strength in order: SOL ⇢ SUI ⇢ AVAX ⇢ SEI.
$SOL : After a high concentration of bullish positions began to decline, whales are leaning towards the long side, and bearish momentum continues to decrease. Above the liquidation map, there are still a large number of short positions that can be liquidated in the range of 143.8 ~ 144.
$SUI : The concentration of bullish positions has rebounded, whales are obviously inclined to go long, and bearish momentum has also decreased. There is a significant amount of short liquidation at 1.79 above the liquidation map.
$AVAX : Retail investors' position structure mainly follows the market trend, with prices primarily influenced by the retail market. The concentration of bullish positions has decreased, retail investors are chasing the rally, and bearish momentum is declining. The liquidation map shows a large amount of liquidation up to 14.58 above.
#SEI : After the price rise, the concentration of bullish positions quickly decreased, with whales obviously closing long positions, and bearish momentum also decreasing. There is a large amount of liquidation up to 0.145 above the liquidation map.
💡Overall, although the aforementioned tokens show strong short-term price performance, the data aspect begins to not support such rises. It would be best to make adjustments based on the data to have room for further upward movement!
$BTC Multiple head chip concentration degree rebounds, whales tend to close short positions, and short momentum continues to decline. According to the liquidation map, there is a large amount of liquidation volume above 87k ~ 88k, while below is concentrated at 84k.
$ETH , $SOL Data indicators are also starting to improve, and whales are tending to close short positions. Today's sector performance shows that cross-chain, lending, oracle, and re-staking sectors are performing relatively strong, while Blave AI analyzes today's strong tokens as $GAS, SATS, POLYX, and weak tokens as HUMA, BLESS, etc.
Is the market really hopeless? 🐂? Don't be afraid! Maybe we are experiencing a second bottoming process!
$BTC After a divergence in weekend chips, they weakened, and today the bullish chip concentration has decreased. Short-term whales are leaning towards shorting, and there may be opportunities to continue to test down to 85k ~ 82k tonight. The liquidation map shows that there are larger liquidation positions below around 82k.
BTC repeatedly tests the bottom, which often occurs when the bearish wave turns bullish. From the comparison of BTC 1D chip concentration and squeezing momentum, we can find that the current data state is similar to Q1. First, there is a strong bullish chip concentration (overbought) appearing at the first low rebound, followed by further testing of the low; squeezing momentum also shows a decline in bearish momentum before starting to drop again.
The final low of Q1 appeared one month after the first low. It cannot be confirmed that this time will be the same, but in the upcoming bottoming process, we need to pay more attention to whether the chips begin to show divergence similar to the Q1 low. Only then will it be an active signal worth seizing the second bottom. 📈
$BTC The concentration of long positions continued to decline after diverging on Friday, with whales leaning towards short positions and bearish momentum continuing to decrease. According to the liquidation map, there is a significant amount of long position liquidation as BTC drops from 85k to 82k.
$ETH The concentration of long positions is decreasing, whales are leaning towards short positions, and SOL's chip distribution is biased towards bearish. Using filters to select short-term chips with bearish bias and strong selling pressure include $KMNO , ZRO, AKE, etc. The 8h whale alert distribution map shows that BAND, TST, and COMP have significant whale entries.
$BTC Bullish sentiment is concentrated, with whales leaning towards the bullish side, while bearish momentum is decreasing. The liquidation map shows a significant amount of short positions being cleared all the way up to 96k. $ETH , SOL's bullish sentiment has reached extreme levels, so caution is advised when chasing highs. The momentum status of mainstream coins indicates that the market is preparing to transition from a bearish phase to a bullish phase.
According to the filter, the coins with bullish sentiment and active buying today include $LTC , ICP, REZ, etc. Blave AI analysis shows that the strong tokens today are MERL, IN, XPL, while the weak tokens are RVV, BLESS.
$BTC Bullish chip concentration begins to rise, with a significant majority of retail investors still primarily shorting. According to the liquidation map, large liquidation volumes are above 89k and below at 83k and 79k.
$ETH Bullish chip concentration is increasing, with whales leaning towards closing short positions, and the status of SOL is similar. Today's stronger performing sectors include the Bitcoin ecosystem, SOL ecosystem, and TON. According to Blave AI analysis, the short-term strong coins are $HYPE , CLO, and RECALL, while weak coins include YALA, PTB, etc.
$BTC BTC Long positions concentration slightly decreased, whales slightly reduced their long positions, and short momentum started to decline, indicating a trend of reversal for the short wave. According to the liquidation map, there are a large number of aggressive short positions above 89k ~ 91k, while there is a relatively high liquidation volume below 83k.
Altcoin market is starting to shift towards mainstream market, $ETH remains strong, overall there is a strong buying interest, with a large liquidation volume of short positions at 3000. The sectors performing strongly today include liquidity staking, lending, and stablecoin agreement sectors. Keep an eye on the data dynamics!
During weekends/low volatility periods, one can typically observe long and short strength data to capture relatively volatile market opportunities. Today, the short lines $MON $MAV $XRP all have strong active buying pressure. Therefore, friends who are bullish can look for tokens with relative support in the long and short strength overview to layout their positions.
For example, comparing data on the dashboard:
1️⃣ MON: Today's bearish chip concentration has decreased, and there are many green bars appearing in both the whale alert and long-short strength, indicating that short-term whale long positions have entered, with strong buying pressure pushing prices up.
2️⃣ XRP: The data aspect is relatively weak, with prices rising but the bullish chip concentration decreasing. This indicates that after the price increase, whale long positions have actually decreased, possibly due to retail traders pushing the price of XRP higher.
💡 Overall, while both MON and XRP have risen in the short term, their chip structures and background for the rise are different, which is something to pay special attention to in short-term trading!
Infinite decline 😅... Not to mention the price, in recent days, the market has clearly seen whales/major players repeatedly pulling up the contract during the Asia-Europe session, and then crashing the market during the US session... Tonight, it may also be difficult to escape this pattern, continuing to monitor!
$BTC The concentration of short positions has quickly decreased after the sharp drop, but whales still have a certain amount of short positions, and tonight we need to pay attention to whether the positions can continue to decline. The liquidation map shows that there are still a large number of long positions emerging at 83k.
$ETH , $SOL Whales tend to close long positions, the concentration of short positions is decreasing, and the characteristics of the positions have started to strengthen during the Asian session recently, then weakened during the US session, which needs special attention!
Today, tokens with relatively high negative funding rates include DYM, CTSI, HFT, etc. According to Blave AI analysis, strong coins include 0G, NIL, etc., while weak coins include HFT, CLO, etc.
BTC has begun to show strong bullish signals, with a chance for a nice rebound after the final washout 📈!
$BTC The chips touched 88k yesterday and rebounded after a divergence; today the concentration of bearish chips has decreased, with whales primarily closing short positions. According to the liquidation map, there are still a large number of long positions near 88k, while the concentration above is above 96k.
SOL has performed relatively strong in data over the past few days, with whales clearly going long. The concentration of bearish chips for ETH has decreased, with whales leaning towards closing short positions. Today's strong-performing sectors include DeSci, NFT, SOL ecosystem, etc. According to the filter, the coins with strong buying interest in the short term include $WCT , $CYBER , $TNSR, etc.
$BTC - Today's short selling chips concentration decreased, whales are leaning towards going long, short selling momentum has risen to a new high for the season, and prices may have already bottomed out or there is a demand for a rebound. The liquidation map shows the largest liquidation amount at 103k and below 92k.
$ETH - Today's short selling chips rapidly decreased, whales are clearly leaning towards going long, while retail investors are leaning towards going short. Short selling momentum has also reached a new high for the half-year and is similarly facing a demand for a rebound. The liquidation map shows larger liquidation amounts at 3400 and 3040.
SOL - Today's short selling chips concentration slightly decreased, and whales are slightly going long. The momentum aspect is weak. The liquidation map shows the largest liquidation positions at 151 and 135.
$ASTER - Today's chips have slightly shifted to short concentration, and whales are leaning towards the short side. Bullish momentum has entered an overheating stage, and attention should be paid to the pullback after a rapid price increase. The liquidation map shows larger liquidations above at 1.34 and below at 1.17.
#ZEC - Bullish chips concentration has decreased, and whales have begun to show signs of going short, with bullish momentum slightly increasing, but the bullish trend is gradually weakening. The liquidation map shows larger recent liquidations at 655 and 737.
$BTC Bearish sentiment concentration has risen to a six-month high; caution is advised not to overly pursue shorts. The bearish momentum has risen to level -1, which also indicates that the second bearish trend of the wave has begun to approach its end, with a chance of seeing a low point rebound in the coming days. The liquidation map still shows a large number of long positions between 96k and 93k.
Some altcoins are relatively resistant to declines, $ETH , $SOL short-term bearish sentiment concentration is decreasing. Today's funding rates have shown high negative funding for coins such as #EVVA , GLM, RESOLV, while according to Blave AI analysis, today's strong tokens include $FOLKS , DUSK, and weak tokens include 2Z, XAN, ARIA.
The overall market is leaning towards neutral fluctuations, and market sentiment and buying pressure are starting to improve. Data shows that ETH is the strongest, while ZEC, XMR, and NEAR are still in the late stages of a bull market.
$BTC - Yesterday, the concentration of short positions rebounded and then stagnated. Short-term whales still have many short positions, and the market is still in a fluctuating structure. The short-selling momentum is approaching high levels, and it is not advisable to be overly bearish. The liquidation map shows a large number of liquidations below 99k, while a closer level above is at 107k.
$ETH - After a slight increase in the concentration of short positions, it has now declined, and whales are starting to go long. The momentum is similar to BTC, and it is not advisable to be overly bearish. The liquidation map shows significant liquidations below 3365 and above at 3595.
$ZEC - Today, the concentration of short positions has decreased, and whales are inclined to close short positions, with short-term rebound potential. The decline in long momentum indicates the late stages of the wave bull trend, meaning caution is needed regarding selling pressure after the rebound. The liquidation map shows many traders holding short positions, with significant liquidation below at 491 and above at 548.
#NEAR - High concentration of short positions, whales have recently closed some short positions, and long momentum is stagnating, suggesting continued large range fluctuations to digest short positions. The liquidation map has a higher number of short positions, with significant liquidations below at 2.42 and above at 2.71.
#XMR - Concentration of short positions, recently whales are inclined to close long positions, and the momentum is similar to ZEC, but the positions are weaker. The liquidation map shows significant liquidations below at 363 and above at 400.
ZEC, STRK, NEAR, SAPIEN show that SAPIEN has the weakest trend, while others are preparing for a correction phase after high market attention...
$STRK - High concentration of short positions, data shows that the recent market is driven by retail investors, with a possibility of a pullback in the short term. Today's short-term OI has seen a slight increase, bullish momentum remains stable, and the liquidation map shows a large amount of long positions below, but not many aggressive high-leverage positions have been observed, indicating a clear bullish market driven by retail investors among the four tokens.
$ZEC - Today's concentration of short positions has rebounded, whales are leaning towards the bearish side, and bullish momentum has decreased after overheating the second day, with the wave of bullish trend entering its final phase. If it can start to pull back and consolidate, it can lead to a better new bullish trend. The liquidation map shows significant liquidations below at 438, while a small amount is at 504.
$NEAR - High concentration of short positions, with whales mainly exiting recently, and there is also a demand for pullback and consolidation in the short term. Bullish momentum has entered an overheating phase, and the liquidation map shows a large amount of long positions below, especially the largest close to 2.54.
#SAPIEN - Today's concentration of long positions has decreased, with potential whales opening small short positions, and bullish momentum is decreasing in preparation to turn bearish, possibly the token that could enter a significant trend correction the fastest. The liquidation map shows a large amount of liquidations near the 0.20 level below, and a small amount at 0.22 above.
During the bottoming phase, make sure not to get washed out... just discovered from the data that whales are starting to go long $BTC and also beginning to close ETH short positions...
From the data dashboard, it can be seen that the BTC short positions are concentrated and stable, whales are showing signs of going long, while short momentum is still present. The ETH data is relatively strong, with a decline in short position concentration, and whales are leaning towards closing short positions. This is a suitable time to position for long positions!
For other altcoins, based on the 8h whale alert distribution, $POWR , $LSK , PTB today has visible whale entries. Meanwhile, PARTI, SPELL, and ALLO have relatively high negative funding rates today. Continue to monitor the data dynamics.
Today's market is leaning towards a pullback. SOL has the weakest data, while ETH has the strongest data.
$BTC - Bullish chip concentration has decreased and turned bearish, whales continue to close long positions, according to the liquidation map, there are large liquidations at 104k and 101k below, and 107k above.
$ETH - Bullish chips are showing a downward trend, whales are leaning towards closing long positions, and bearish momentum is stable, with significant liquidation amounts at 3456 below and 3659 above on the liquidation map.
$SOL - Bearish chip concentration has rebounded, whales are leaning towards shorting today, bearish momentum is strong, with significant liquidation amounts at 160 below and 170 above on the liquidation map.
The overall market is bullish, and mainstream cryptocurrencies are beginning to regain strength (compared to altcoins). Traders' sentiment remains optimistic, and funds are beginning to enter a state of scarcity, cautiously pursuing long positions, with pullbacks being preferable. 😊😊
$BTC - The concentration of chips has shifted from short to long, with whales continuing to buy over the past two days, and momentum is also in a bullish phase. The liquidation map shows no dense clusters around the current price, indicating that there has been no overly high leverage buying behavior.
$ETH - Bullish chip concentration is strong, with a trend that is relatively strong, and whales are inclined to go long. Momentum indicators show that the wave trend is starting to shift from short to long. The liquidation map indicates key short-term levels to watch at 3529 below and 3746 above.
$VIRTUAL - Today's chip concentration has turned bearish, with the dynamics revealing that the main chips are influenced by retail traders chasing up and down, resulting in a trend that is oscillating and washing out. Whales are leaning towards closing long positions in the short term. Momentum indicators show that bullish momentum is continuously declining, signaling the potential end of a bullish wave. The liquidation map shows a large volume of short positions above (traders betting on a downturn), and significant liquidation levels are at 1.5 below and 1.61 above.
#SAPIEN - The concentration of bullish chips shows a downward trend, and whales have not significantly participated in the market, leading to fears of continued range consolidation. Momentum indicators are also in an overheating phase, beginning to decline. The liquidation map shows that there are a large number of long positions below, with recent liquidation prices ranging from 0.255 to 0.248.
#KITE - Today's bearish chip concentration has decreased, with whales slightly closing positions, and the characteristics of the retail market are evident. The market still has considerable bearish momentum, with oscillations leaning weak. The liquidation map indicates that we are currently close to a significant number of long liquidations below, mainly ranging from 0.0862 to 0.083.
Today, a partial short squeeze in some altcoins has appeared 🔥 Let's take a look at the performance of several strong tokens...
$ICP - The chips are neutrally biased towards the long side, retail trading has not kept up, and whales have been taking profits as prices rise, showing signs of lifting -> distributing. Going forward, we can pay attention to whether retail FOMO entering the market might lead to a peak. Momentum is in an overheated stage, and the liquidation map shows that there are still many potential short liquidations above, with maximum volume around 8.2 ~ 8.36.
$NEAR - Recently, after rising, the chips quickly shifted from long to short, and it is evident that whales opened long positions at low points and then took profits. Momentum is in the late stage of a bearish trend, and the liquidation map shows that the long position volume is relatively large, with close liquidations above at 2.33 and below at 2.06.
$FIL - After the price rose, the concentration of chips shifted from long to short, with short-term chip contraction. Today's excessive increase in OI indicates that many traders are entering to chase prices. Momentum has entered an accelerating bullish phase, and the liquidation map shows that the long position volume is relatively large, with significant liquidation above at 2.41 and below at 2.05.
#AIA - Bullish chips have reached a new high and entered an overly concentrated level. Whales have been continuously taking profits and shorting retail investors who are being liquidated in the recent two-day rise. Momentum has entered an accelerating bullish phase, and the liquidation map shows that there are many long positions, with significant liquidation below at 10.79 and above at 13.55.
Overall, AIA and FIL have entered an accelerating bullish phase, especially AIA which is aggressively squeezing; while NEAR is in the late stage of a bearish trend, presenting left-side trading opportunities.