$BTC 82,720.3 Perp - BTC is putting on a dive show again, diving just for the longs to watch
Last price 82,720.3 -1.85%, Max 84,362.3 Min 82,150.0, a $2,212 range, 152,070 BTC / 12.66B USDT, 4.86K volume in 1h. That massive-volume 20K red candle on the 7th cascaded straight from 86K to 83K, and it’s still grinding around 82,720.
Today 0.00% means today is just dead time. 7 days -1.20%, 30 days +4.87%, 90 days +29.42%, 1 year -31.82%. Still down 31% over a year, and they’re telling you it’s a bull market.
Order book: 58.45% Demand. Retail traders always think it’s time to buy the dip, and market makers love that. They’ll slowly grind it down to 81K, then pump it.
Reference price 82,727.3; it’s hugging 82,720.3 right now, and the bears aren’t in any hurry to close.
BTC’s logic right now: as long as it doesn’t break 82,150, it hasn’t crashed—but it’s not going up either. It’s just wearing you down.
#BTC #bitcoin
$ETH 2,564.01 Perp - ETH’s chart is a pure, upgraded version of a follower
-2.10%, Max 2,622.99 Min 2,535.19, an $87 range, 3.60M ETH / 9.26B USDT, 99.59K volume in 1h.
Today 0.03%, 7 days -4.87%—down four times more than BTC. 30 days +3.18%, 90 days +44.42%, 1 year -42.28%—down 10% more than BTC.
83.74% Demand is positioned long. The most stubborn longs in the whole market are in ETH; the 16.26% of shorts are almost embarrassed to say they’re short.
On the 6th it was at 2,700. On the 7th, a massive-volume 800K wick plunged straight to 2,600. On the 8th, it’s been drawing an ECG between 2,550 and 2,575.
BTC is down 1.85%; ETH is down 2.10%. When the market falls, ETH falls even harder; when the market rises, it doesn’t follow. A perfect example of L2 working for L1, and ETH working for BTC.
As long as 2,535.19 holds, it can keep pretending to be strong. If it breaks, it’s straight to 2,400.
#ETH
$SOL 115.00 Perp - Solana: that 114.14 wick came to liquidate you
-3.21%, falling harder than both BTC and ETH. Max 119.04 Min 114.14, 17.62M SOL / 2.05B USDT, a high-volume 621K dump in 1h.
Today -0.60%, 7 days -3.08%, 30 days +11.33%, 90 days +45.53%, 180 days +36.34%, 1 year -47.30%. Nearly cut in half over a year.
56.33% long and 43.48% short—and there are still more longs? Look at the chart. That huge 2M bearish candle from 119 to 115 on the 7th was a lesson. Today, the 8th, the wick to 114.14 precisely liquidated the longs at 115, then it bounced back to 115.00 to make you think support held.
SOL is basically a high-volatility ATM right now. 119.04 was yesterday’s high; 114.14 is today’s low. It’s chopping back and forth across a $5 range.
Want to go long? Wait until it gets back above 116. At 115, longs and shorts are being sent through the meat grinder.
Last price 82,720.3 -1.85%, Max 84,362.3 Min 82,150.0, a $2,212 range, 152,070 BTC / 12.66B USDT, 4.86K volume in 1h. That massive-volume 20K red candle on the 7th cascaded straight from 86K to 83K, and it’s still grinding around 82,720.
Today 0.00% means today is just dead time. 7 days -1.20%, 30 days +4.87%, 90 days +29.42%, 1 year -31.82%. Still down 31% over a year, and they’re telling you it’s a bull market.
Order book: 58.45% Demand. Retail traders always think it’s time to buy the dip, and market makers love that. They’ll slowly grind it down to 81K, then pump it.
Reference price 82,727.3; it’s hugging 82,720.3 right now, and the bears aren’t in any hurry to close.
BTC’s logic right now: as long as it doesn’t break 82,150, it hasn’t crashed—but it’s not going up either. It’s just wearing you down.
#BTC #bitcoin
$ETH 2,564.01 Perp - ETH’s chart is a pure, upgraded version of a follower
-2.10%, Max 2,622.99 Min 2,535.19, an $87 range, 3.60M ETH / 9.26B USDT, 99.59K volume in 1h.
Today 0.03%, 7 days -4.87%—down four times more than BTC. 30 days +3.18%, 90 days +44.42%, 1 year -42.28%—down 10% more than BTC.
83.74% Demand is positioned long. The most stubborn longs in the whole market are in ETH; the 16.26% of shorts are almost embarrassed to say they’re short.
On the 6th it was at 2,700. On the 7th, a massive-volume 800K wick plunged straight to 2,600. On the 8th, it’s been drawing an ECG between 2,550 and 2,575.
BTC is down 1.85%; ETH is down 2.10%. When the market falls, ETH falls even harder; when the market rises, it doesn’t follow. A perfect example of L2 working for L1, and ETH working for BTC.
As long as 2,535.19 holds, it can keep pretending to be strong. If it breaks, it’s straight to 2,400.
#ETH
$SOL 115.00 Perp - Solana: that 114.14 wick came to liquidate you
-3.21%, falling harder than both BTC and ETH. Max 119.04 Min 114.14, 17.62M SOL / 2.05B USDT, a high-volume 621K dump in 1h.
Today -0.60%, 7 days -3.08%, 30 days +11.33%, 90 days +45.53%, 180 days +36.34%, 1 year -47.30%. Nearly cut in half over a year.
56.33% long and 43.48% short—and there are still more longs? Look at the chart. That huge 2M bearish candle from 119 to 115 on the 7th was a lesson. Today, the 8th, the wick to 114.14 precisely liquidated the longs at 115, then it bounced back to 115.00 to make you think support held.
SOL is basically a high-volatility ATM right now. 119.04 was yesterday’s high; 114.14 is today’s low. It’s chopping back and forth across a $5 range.
Want to go long? Wait until it gets back above 116. At 115, longs and shorts are being sent through the meat grinder.