Major cryptocurrencies:
$BTC 81,877.48 (-1.16%)
$ETH 2413.04 (-1.14%)
BNB 738.86 (-0.36%)
SOL 104.44 (-1.02%)
Under some pressure, but not enough to signal a trend reversal.
Fund flows:
Fear & Greed Index: 50 (Neutral), down 18 from yesterday
BTC whale long/short position ratio: 1.51, with longs accounting for 60.2%
$3.1 million in liquidations across the market over the past hour, with long positions accounting for 11.4%
What people are talking about:
A few headlines today:
1. JPMorgan Asset Management: Its tokenized money market fund has launched on Solana
2. UAE-led crackdown on fraud uncovers over $39 billion in funds and cryptocurrency
3. Thailand’s SEC has not yet received any formal applications for cryptocurrency spot ETFs, so it cannot confirm whether they will launch this year.
4. APR will unlock approximately $3.98 million worth of tokens today, representing 53.9% of its circulating supply.
Top movers:
Top gainers: AKE +53.55%, MAGMA +49.82%, AGT +40.94%
Top losers: PTB -39.27%, ALT -36.26%, LUMIA -20.18%
My take:
After checking the data this morning, I have a pretty good idea of where things stand. What do you think?
What’s your strategy for today?
This is not investment advice. Don’t follow my lead.