đ I Think $BR Can Push 100% From Here... Yes Guys, I'm Not Kidding đ€ $AKE $ENA
Guys, don't think I'm crazy for saying this. After this massive move, BR still has data that makes me think another big expansion is possible. You really need to know the data before deciding whether this pump is over.
Derivatives: OI is around 58-60M BR, while ~70%+ of accounts are short. Funding is extremely high at +0.072%, so leverage is crowded.
Liquidation map: Above, the main liquidity sits around $1.08-$1.10, then $1.15-$1.17. Below, major pools are around $0.95-$0.97, $0.89-$0.92 and $0.83-$0.87.
CVD + flows: Futures CVD is +165.3M BR, spot CVD +6.8M BR, and taker buy/sell is 1.0749. 24H futures flow is +$14.16M, while spot flow is +$1.73M.
Volume profile: BR is trading above the upper VWAP around $0.994, with session VWAP near $0.923. That's strong momentum, but also means chasing here isn't attractive.
Whales: Activity is quiet, only ~3-4 notable transfers in 24H. A few cold-to-hot moves were around $100K+, so I'm watching them, but that's not enough to call whale selling.
Tomorrow is important. BR has a scheduled 40.63M BR unlock on September 20, while Bedrock's Intelligent Yield Engine/Bedrock 2.0 and Optimism Splash Phase 2 remain active catalysts.
The combination of heavy shorts + positive futures/spot flow + the unlock event could create a squeeze before the event. I honestly wouldn't be surprised by another 50% or even 100% move if momentum continues.
BUT after a 20%+ move, I think we should wait. Short-term pullback is likely before another major expansion.
My configuration:
Current Entry: $1.01-$1.03
Recommended: $0.95-$0.97
Deep entry: $0.89-$0.92
TP1: $1.08
TP2: $1.25
TP3: $1.70+
SL: $0.87
For confirmation: once price reaches your entry zone, don't react instantly. Wait for a 30M candle confirmation, or 1H if you have enough time. That one confirmation can save you from a bad trade.
đ My take: I'm bullish on the structure, but the biggest risks are the huge funding, leverage crowding, the September 20 unlock, and BR's thin liquidity.
Guys, don't think I'm crazy for saying this. After this massive move, BR still has data that makes me think another big expansion is possible. You really need to know the data before deciding whether this pump is over.
Derivatives: OI is around 58-60M BR, while ~70%+ of accounts are short. Funding is extremely high at +0.072%, so leverage is crowded.
Liquidation map: Above, the main liquidity sits around $1.08-$1.10, then $1.15-$1.17. Below, major pools are around $0.95-$0.97, $0.89-$0.92 and $0.83-$0.87.
CVD + flows: Futures CVD is +165.3M BR, spot CVD +6.8M BR, and taker buy/sell is 1.0749. 24H futures flow is +$14.16M, while spot flow is +$1.73M.
Volume profile: BR is trading above the upper VWAP around $0.994, with session VWAP near $0.923. That's strong momentum, but also means chasing here isn't attractive.
Whales: Activity is quiet, only ~3-4 notable transfers in 24H. A few cold-to-hot moves were around $100K+, so I'm watching them, but that's not enough to call whale selling.
Tomorrow is important. BR has a scheduled 40.63M BR unlock on September 20, while Bedrock's Intelligent Yield Engine/Bedrock 2.0 and Optimism Splash Phase 2 remain active catalysts.
The combination of heavy shorts + positive futures/spot flow + the unlock event could create a squeeze before the event. I honestly wouldn't be surprised by another 50% or even 100% move if momentum continues.
BUT after a 20%+ move, I think we should wait. Short-term pullback is likely before another major expansion.
My configuration:
Current Entry: $1.01-$1.03
Recommended: $0.95-$0.97
Deep entry: $0.89-$0.92
TP1: $1.08
TP2: $1.25
TP3: $1.70+
SL: $0.87
For confirmation: once price reaches your entry zone, don't react instantly. Wait for a 30M candle confirmation, or 1H if you have enough time. That one confirmation can save you from a bad trade.
đ My take: I'm bullish on the structure, but the biggest risks are the huge funding, leverage crowding, the September 20 unlock, and BR's thin liquidity.
