đ„ $WLFI /USDT: Analysis of liquidity and whale behavior (Binance Futures)
After a quick breakout and removal of upper liquidity, the price is turning into a correction. Let's analyze step by step what is happening in the market and what to expect next:
đ Key metrics and factors
âĄïž Liquidity and Smart Money: The Liquidation Heatmap clearly shows that the 0.0631 - 0.0649 zone is completely cleared of shorts. Currently, the main liquidity pools are forming below - in the ranges of 0.0585â0.0576 and 0.0558â0.0540.
âĄïž Open Interest (OI) and CVD: On the pullback from â 0.06329â we observe a drop in OI (from 2.32B to ~2.22B) and a negative delta of the beaker (-153.3K). This indicates a cascading closure/liquidation of longs held at the very top.
âĄïž Crowd vs Large Cap:
60% of retail accounts are looking Long (Ratio 1.51).
However, Short is dominant in terms of position volume (Ratio 0.93). The crowd is buying while larger players are holding short volumes.
âĄïž Whale Positions: Short whales control 19.14M USDT (with an average of â 0.0916â ) and are in deep plus. However, there has been a net whale buy-out of +3.56M USDT in the last 24h.
đŠ Trading Scenarios
1. Local (Priority): Withdrawal of unselected liquidity below current levels. We expect a breakout to the â 0.0585 â 0.0576â zone (or a deep test of â 0.0558â to EMA30), where retail longs will remove their stops.
2. Bullish continuation: After removing stops and stabilizing OI above â 0.0576â , we consider a reversal with the aim of retesting the High â 0.0633+â .
â ïž Conclusion: Entering a long from the current (â 0.0603â ) is risky due to the accumulation of stops directly below the price. It is more logical to wait for the buyer's reaction after liquidity fences in the 0.0585â0.0558 zone.
After a quick breakout and removal of upper liquidity, the price is turning into a correction. Let's analyze step by step what is happening in the market and what to expect next:
đ Key metrics and factors
âĄïž Liquidity and Smart Money: The Liquidation Heatmap clearly shows that the 0.0631 - 0.0649 zone is completely cleared of shorts. Currently, the main liquidity pools are forming below - in the ranges of 0.0585â0.0576 and 0.0558â0.0540.
âĄïž Open Interest (OI) and CVD: On the pullback from â 0.06329â we observe a drop in OI (from 2.32B to ~2.22B) and a negative delta of the beaker (-153.3K). This indicates a cascading closure/liquidation of longs held at the very top.
âĄïž Crowd vs Large Cap:
60% of retail accounts are looking Long (Ratio 1.51).
However, Short is dominant in terms of position volume (Ratio 0.93). The crowd is buying while larger players are holding short volumes.
âĄïž Whale Positions: Short whales control 19.14M USDT (with an average of â 0.0916â ) and are in deep plus. However, there has been a net whale buy-out of +3.56M USDT in the last 24h.
đŠ Trading Scenarios
1. Local (Priority): Withdrawal of unselected liquidity below current levels. We expect a breakout to the â 0.0585 â 0.0576â zone (or a deep test of â 0.0558â to EMA30), where retail longs will remove their stops.
2. Bullish continuation: After removing stops and stabilizing OI above â 0.0576â , we consider a reversal with the aim of retesting the High â 0.0633+â .
â ïž Conclusion: Entering a long from the current (â 0.0603â ) is risky due to the accumulation of stops directly below the price. It is more logical to wait for the buyer's reaction after liquidity fences in the 0.0585â0.0558 zone.