Everyone, today I’m shifting my focus from the majors to older coins. First, let’s look at this daily chart for $QNT .
Two days ago, it was still sitting at 173.30, the low for the past 20 days. Yesterday, a single candle pushed straight up to 223.82. Today, it pulled back to 196.11 and closed at 208.65.
This price isn’t cheap, but it isn’t expensive either.
It’s at the 42.5th percentile of its 20-day range—right in the middle. At first glance, I thought I was seeing things. It took two checks before I believed that 223.82 wick was real.
But that wick didn’t come with a sell-off.
Despite the long upper wick, the close stayed above 210, which suggests buyers were absorbing supply at this level. This wasn’t just a sentiment-driven spike. The areas with the most disagreement are often the ones with the deepest liquidity.
BTC is sitting at 11.8% of its 20-day range, ETH at 11.4%, and SOL at 7.8%. The money hasn’t left—it’s just changed seats.
Older coins are like the warehouse down the street that’s been open for ten years. Usually there’s no line, but when the doors open, it’s still the same stock inside.
Over the past 7 days, it’s up 8.322%, with an average daily volatility of 8.44%. These two figures determine how I position myself.
It’s just a step away from its 7-day moving average at 193.31. Hold above it, and it’s support; fail to hold, and it becomes a step down. I’m leaning toward it holding.
Do you think this is a rotation into older coins for a catch-up rally, or one last gasp before the majors move sideways? Let’s discuss in the comments.
$BTC $ETH
#QNT #比特币 #Cryptocurrency
The above is a record of my personal trading system and observations of market data. It does not constitute investment advice.
Two days ago, it was still sitting at 173.30, the low for the past 20 days. Yesterday, a single candle pushed straight up to 223.82. Today, it pulled back to 196.11 and closed at 208.65.
This price isn’t cheap, but it isn’t expensive either.
It’s at the 42.5th percentile of its 20-day range—right in the middle. At first glance, I thought I was seeing things. It took two checks before I believed that 223.82 wick was real.
But that wick didn’t come with a sell-off.
Despite the long upper wick, the close stayed above 210, which suggests buyers were absorbing supply at this level. This wasn’t just a sentiment-driven spike. The areas with the most disagreement are often the ones with the deepest liquidity.
BTC is sitting at 11.8% of its 20-day range, ETH at 11.4%, and SOL at 7.8%. The money hasn’t left—it’s just changed seats.
Older coins are like the warehouse down the street that’s been open for ten years. Usually there’s no line, but when the doors open, it’s still the same stock inside.
Over the past 7 days, it’s up 8.322%, with an average daily volatility of 8.44%. These two figures determine how I position myself.
It’s just a step away from its 7-day moving average at 193.31. Hold above it, and it’s support; fail to hold, and it becomes a step down. I’m leaning toward it holding.
Do you think this is a rotation into older coins for a catch-up rally, or one last gasp before the majors move sideways? Let’s discuss in the comments.
$BTC $ETH
#QNT #比特币 #Cryptocurrency
The above is a record of my personal trading system and observations of market data. It does not constitute investment advice.
