Crypto | On-Chain Activity | October 7
$ETH plunged 3.5%, breaking below 2600; $BTC fell 1.99%, hovering around 84000.
$SOL is grinding out a bottom at 118. Watching the market has me on edge.
On-chain scan: TSG on Base has a score of 76 and is surging sharply again and again.
Panda Head on BSC surged to an MC of 1.2 million, but its life-chart candlesticks are still price_drop.
Whale watch: one coin rocketed 6871% in 24h, with an MC of just 4.36 million. The more violently it pumps, the more it looks like a trap to cash out.
Spot market gainers: NMR +39%. But I’m more focused on FLOCK’s 38.8x volume ratio—quiet accumulation is the real signal.
My take: I won’t buy the $ETH breakdown just yet. $BTC 84000—stay on the sidelines and wait for major on-chain funds to flow back in.
What do you think—is this a pullback to buy or a falling knife? Let’s talk in the comments.
The Shennong Notes team will continue to share market and token analysis based on data, so you can avoid trading on gut feelings. Follow us for daily updates!
$ETH plunged 3.5%, breaking below 2600; $BTC fell 1.99%, hovering around 84000.
$SOL is grinding out a bottom at 118. Watching the market has me on edge.
On-chain scan: TSG on Base has a score of 76 and is surging sharply again and again.
Panda Head on BSC surged to an MC of 1.2 million, but its life-chart candlesticks are still price_drop.
Whale watch: one coin rocketed 6871% in 24h, with an MC of just 4.36 million. The more violently it pumps, the more it looks like a trap to cash out.
Spot market gainers: NMR +39%. But I’m more focused on FLOCK’s 38.8x volume ratio—quiet accumulation is the real signal.
My take: I won’t buy the $ETH breakdown just yet. $BTC 84000—stay on the sidelines and wait for major on-chain funds to flow back in.
What do you think—is this a pullback to buy or a falling knife? Let’s talk in the comments.
The Shennong Notes team will continue to share market and token analysis based on data, so you can avoid trading on gut feelings. Follow us for daily updates!