Literally guys $BR getting ready for a 100-150% move and you guys are still chasing other tokens đ
Guys, first look at derivatives. OI is sitting around 25M BR, while funding is still extremely negative at around -0.186%. Top-trader positions are still heavily long-biased around 1.7, but futures CVD is falling and taker buy/sell is around 0.97. So yes, futures positioning is clearly bearish and leveraged sellers are still active.
Now liquidation map gets interesting. There is heavy liquidity around $0.62-$0.64, then a much bigger cluster around $0.65-$0.69. If price starts pushing through these levels, those shorts can become fuel for another squeeze.
CVD is the warning, but orderbook delta is positive. And guys, the flow difference is what caught my attention: 24H futures flow -$3.65M, while 24H spot flow is only -$778.5K. More importantly, short-term spot flow improved to +$17.6K 15M, +$11K 30M and +$90K 1H. So futures sellers are still aggressive, but spot buyers are starting to absorb them.
Volume profile also makes sense here. VWAP is around $0.549 and the main value area is around $0.536, so I don't want to chase the current pump. I want a natural pullback and see buyers defend the value area.
And then we have the catalyst. Bithumb just added BR/KRW today and launched a South Korean Won 130M BR campaign with fee-free trading + trading/deposit incentives.
This definitely makes me more bullish, but guys, BR already pumped 60%+ and it's crypto đ Nothing is guaranteed.
Once $BR reaches my entry/deeper pullback zone, I want at least 2x 15M candles before doing anything. I want to see how price behaves and, most importantly, whether CVD + spot flow start improving together, no blindly entry.
If those finally sync with price, then I think the next leg can get very interesting
Next Token Analysis: $LSK
Guys, first look at derivatives. OI is sitting around 25M BR, while funding is still extremely negative at around -0.186%. Top-trader positions are still heavily long-biased around 1.7, but futures CVD is falling and taker buy/sell is around 0.97. So yes, futures positioning is clearly bearish and leveraged sellers are still active.
Now liquidation map gets interesting. There is heavy liquidity around $0.62-$0.64, then a much bigger cluster around $0.65-$0.69. If price starts pushing through these levels, those shorts can become fuel for another squeeze.
CVD is the warning, but orderbook delta is positive. And guys, the flow difference is what caught my attention: 24H futures flow -$3.65M, while 24H spot flow is only -$778.5K. More importantly, short-term spot flow improved to +$17.6K 15M, +$11K 30M and +$90K 1H. So futures sellers are still aggressive, but spot buyers are starting to absorb them.
Volume profile also makes sense here. VWAP is around $0.549 and the main value area is around $0.536, so I don't want to chase the current pump. I want a natural pullback and see buyers defend the value area.
And then we have the catalyst. Bithumb just added BR/KRW today and launched a South Korean Won 130M BR campaign with fee-free trading + trading/deposit incentives.
This definitely makes me more bullish, but guys, BR already pumped 60%+ and it's crypto đ Nothing is guaranteed.
Once $BR reaches my entry/deeper pullback zone, I want at least 2x 15M candles before doing anything. I want to see how price behaves and, most importantly, whether CVD + spot flow start improving together, no blindly entry.
If those finally sync with price, then I think the next leg can get very interesting
Next Token Analysis: $LSK