Encryption | STAR Radar | September 2
Total score: 25 points. For this position, I choose to hold steady and not act.
Today the overall market is underwhelming. $BTC dropped below 77000,$ETH followed down to 2397,$SOL almost broke through 99. I’m watching the STAR Radar signal—the current score is only 25/100, and it’s still far from my buy-the-dip threshold.
Let’s break down a few key indicators first:
- Drawdown: -20%. It looks intense, but the price hasn’t stabilized; price_stabilized is still false
- Trading volume has completely died out; volume ratio is only 0.04—at this level, it can’t pull off a solid bid wall
- Active buy ratio is 99%, shockingly high, but this is just a small rebound reflected in taker_trend of 0.058; the trend hasn’t turned yet
- 7-day open interest fell by -14.5%; the shorts haven’t left—instead, they’re adding
The only bright spot is that no_new_low_3d is true. No new lows were set in 3 days; there’s still a 6-day window until the mean. The system’s referenced bottom is $0.140. At $0.171 now, it still has 18% room to fall.
My plan: if the score is below 60, I won’t go heavy. I’ll keep the bullets and wait for a volume-backed bullish candle. How long do you think this sideways grind to a bottom can last? Chat in the comments.
Total score: 25 points. For this position, I choose to hold steady and not act.
Today the overall market is underwhelming. $BTC dropped below 77000,$ETH followed down to 2397,$SOL almost broke through 99. I’m watching the STAR Radar signal—the current score is only 25/100, and it’s still far from my buy-the-dip threshold.
Let’s break down a few key indicators first:
- Drawdown: -20%. It looks intense, but the price hasn’t stabilized; price_stabilized is still false
- Trading volume has completely died out; volume ratio is only 0.04—at this level, it can’t pull off a solid bid wall
- Active buy ratio is 99%, shockingly high, but this is just a small rebound reflected in taker_trend of 0.058; the trend hasn’t turned yet
- 7-day open interest fell by -14.5%; the shorts haven’t left—instead, they’re adding
The only bright spot is that no_new_low_3d is true. No new lows were set in 3 days; there’s still a 6-day window until the mean. The system’s referenced bottom is $0.140. At $0.171 now, it still has 18% room to fall.
My plan: if the score is below 60, I won’t go heavy. I’ll keep the bullets and wait for a volume-backed bullish candle. How long do you think this sideways grind to a bottom can last? Chat in the comments.