━━━━━━━━━━━━
📊 Market Overview Today
Bitcoin touched 84,875 last night, its highest level in a week, but failed to hold and fell back to 84,063.
A day ago, 60.5% of accounts were long; now it’s down to just 50.4%. Retail traders have already largely exited, while large traders still hold 62.2% long positions.
The issue is that aggressive selling has been noticeably heavier over the past hour, with a buy/sell ratio of just 0.69. Only look for new highs if 84,875 holds. If 83,227 breaks, price may first dip to 82,689 to sweep long stops.
Retail traders are still 69.5% long on Ether, a more crowded position than large traders’ 62.1%. The 2,477–2,500 area may be tough to break through; if 2,456 doesn’t hold, price could retest 2,436.
The market is range-bound today. Keep positions light and only pick coins where buyers are stepping in.
━━━━━━━━━━━━
🟢 Long NEAR
Up 6.8% in a day, with open interest up 17% over 24 hours. It’s pulled back 1.3% over the past hour, while volume has fallen to half its usual level—a breather.
The last pullback found buyers around 5.227. Large traders’ long positions are at 70.5%, compared with just 53.7% for retail.
▸ Entry: 5.195 - 5.259
▸ Stop loss: 5.09 (about -2.6%)
▸ Targets: 5.432 / 5.638
If it breaks below 5.136 and no buyers step in, it means the funds that entered yesterday are exiting. Skip this trade.
━━━━━━━━━━━━
🟢 Long ENA
Up 9.1% in a day, with open interest up 10% over 24 hours. It’s given back 1.7% over the past 4 hours, retreating more than 5% from the intraday high of 0.22608—a decent pullback.
In this rally, each pullback has found support near the 1-hour 20-period moving average at 0.21097.
▸ Entry: 0.20945 - 0.2125
▸ Stop loss: 0.20438 (about -3.1%)
▸ Targets: 0.22086 / 0.23075
If it doesn’t return to the entry zone and instead surges straight past 0.22, the risk/reward no longer works. Better to miss the trade.
━━━━━━━━━━━━
👀 Watch only, no trade: BULLA
Up 65% in a day, trading 27% above its 20-hour average cost, with open interest nearly doubling in a day. Chasing now would just provide an exit for earlier buyers.
━━━━━━━━━━━━
📌 Execute
At Target 1, move the stop loss to breakeven.
Just two trades today: place a limit order for NEAR around 5.2 and ENA around 0.21. If price doesn’t come back, don’t chase.
⚠️ Perpetual futures are highly volatile. The above are screening results and conditional trade ideas, not investment advice.