Fulltime Crypto Trader & Investor | Tweets are not financial advice.
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DA AGE香港合规RWA项目
Market Dominance 📊 So far we've been following the previous cycle's roadmap pretty well. We're now in that mid cycle phase where the market has rallied initially but alts underperform. A good bounce on $OTHERS.D so far. Let's see if it can flip the trend.
Crypto funding rates still negative to neutral. This means shorts are generally paying longs. No crazy outliers here, it's healthy but doesn't show any abnormal data. #btc#
Here we go again.
Good gauge of market sentiment & strength/weakness is whether new launches remain bad or if we'll get some "new coin good" kinda charts again. Like we had earlier this year, every new launch did pretty well back then. Monitoring coins like $ZK & $ZRO for this.
/bitcoin Has now made its 6th ~20% correction this cycle. This was one of the fastest and sharpest corrections this cycle, only taking 17 days from top to bottom. The other two corrections that were of similar duration are marked on the chart.