🔴 Short-term cash flow still leans bearish.
• SHIB: Up 37% in 2 days, but social FOMO and whale transactions also surged strongly → signals of profit-taking/distribution, not suitable for chasing a Long.
• Notable sell pressure: ZEC, FET, PENGU, STRK, CHZ, SOL/BTC
* ZEC leads with sell orders near 800K USDT.
* FET, PENGU, STRK, CHZ all show negative net volume across multiple timeframes.
* SOL/BTC continues to weaken versus BTC.
📌 Insight: Funds are prioritizing selling weaker altcoins. If BTC has not improved, this group is likely to face further pressure. Prioritize watching reactions at support zones rather than trying to bottom-pick.
⚠️ Not investment advice.
• SHIB: Up 37% in 2 days, but social FOMO and whale transactions also surged strongly → signals of profit-taking/distribution, not suitable for chasing a Long.
• Notable sell pressure: ZEC, FET, PENGU, STRK, CHZ, SOL/BTC
* ZEC leads with sell orders near 800K USDT.
* FET, PENGU, STRK, CHZ all show negative net volume across multiple timeframes.
* SOL/BTC continues to weaken versus BTC.
📌 Insight: Funds are prioritizing selling weaker altcoins. If BTC has not improved, this group is likely to face further pressure. Prioritize watching reactions at support zones rather than trying to bottom-pick.
⚠️ Not investment advice.