🚨🚨 Update: Today just quick market view as no big changes happend since yesterday. We've started the year with extremely low volume, so also netflows no showing anything big.

Our hourly view shows a high whales ratio since the beginning of the new year.

#BTC #ETH #XRP Image
In the first 2 days we have detected to relatively big positive netflows, indicating more inflows than outflows to exchanges and one negative netflow in the beginning of the year. However, the netflow is showing us more inflows from whales are arriving to exchanges. The last big
netflow happend yesterday at 2 am (UTC +1) with almost 1,700 #BTC.

Also option trades didn't really change. At least nothing useful to let us predict certain price levels for January. Some of option traders have started to buy options for EoY 2022, their trade range between
$40,000 - $150,000. So, as said, not useful. The recent last trades for the 28Jan2022 expiry shows a trade range between $40,000 - $46,000. Image
#Bitfinex walls almost didn't show any big changes either. They reinforced their upper wall at 48k and that's it. No new walls detected. They are spoofing the price in the current range between 46.8k - 47.8k. They wanted the price below 48k and it happend. It seems they feel ImageImage
confident that no (unexpected) big moves will happen now. At the moment the market feels like its enjoying the sunday. 😜 As usual we need patience and wait. We know that can flip quick.
Since we have started a new year a total of 2,500 #BTC have leaved the exchanges. #Okex has received 1,250 #BTC at the same period of time, #Bitfinex has rised its reserve by 575 #BTC, while #Gemini has reduced its reserve by 1,275 #BTC and even #Binance by 1,950 #BTC since new ImageImageImageImage
years eve. However, we need to keep in mind that we have still almost 50,000 #BTC since our last big inflows from end of december on #Binance, #Bitfinex and #Gemini. Image
At the moment they are using the EMA50 in hourly view to trap bulls. Even if they did as predicted yesterday, they formed a double top, it didn't play out as expected. They want to maintain that price range. I'm still more bearish than bullish. But tomorrow could start green. Image
$SPX looks like ready to retest its resistance for the next ATH. RSI hourly view shows enough space above to allow such a retest, but if it fails it will hopefully dump heading its support at 4,720. #BTC loves to follow $SPX dumps but its not that accurate when $SPX pumps. So, we Image
need to see what happens tomorrow.

$DXY looks very bearish atm. Maybe its just a bear trap and a deviation. Also here we need to see what happens tomorrow. I really don't have a clue today what could happen tomorrow. Image
So, I will stick to my plan. Patience is always key. 😉

Enjoy your sunday!
Please add these dates to your calender. These are very important and can have impact to the price action. 🙏🤝 Image
What do you think? Any thoughts? 🤔 Image
@stevemichael06 @Roman_Trading @take_gains @GeorgeWegwitz @AltsOracle @iWantCoinNews @cryptochick21 @Mad_MaxCrypto @rishtheswish_ @notAgres lmao they formed something bearish to pump afterwards. But 48k keeps being the max. Will result in trap 2. This candle is generating on Coinbase a volume of 280 #BTC right now. 😂 I mean, if they want to moon its now the best opportunity. I don't get what they are playing today. Image
@stevemichael06 @Roman_Trading @take_gains @GeorgeWegwitz @AltsOracle @iWantCoinNews @cryptochick21 @Mad_MaxCrypto @rishtheswish_ @notAgres BTW #Bitfinex is spoofing the price up and now selling and pushing the price down or at least holding the level. But for what?! I mean what they are doing is not going to generate any longs or shorts. Its just waste of time 😂

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with InspoCrypto

InspoCrypto Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @InspoCrypto

4 Jan
🚨🚨 Update: Our daily view is showing the (1) highest volatility in whales ratio since years. First it dumped hard indicating almost non tokens arriving by whales on exchanges, then it pumped hard indicating incoming whales inflows

#BTC #ETH #XRP Image
and it dumped afterwards again. The (3) netflow chart is confirming those operations. First big outflows, big inflows afterwards and rising outflows later on again.
However, we had a total netflow of (minus) 2,666 BTC, indicating a bigger outflow from exchanges. Matches to the
price action as the price has started to lift up again after reaching our local bottom at $45.7k yesterday.

The whales ratio 30d average (2) keeps rising indicating more inflows arriving exchanges, while the (yellow curve) stablecoin reserve on exchanges are declining indicating
Read 26 tweets
4 Jan
What if the recent dumps are related to the spot ETF rejection by SEC from November 12th? At least that could explain why #Bitfinex placed walls in the range of $38k - $46k. If so, that wouldn't be that bearish.

@SBF_FTX comments from your part?

#BTC #ETH #XRP ImageImage
Details:
Institutionals dumping the price in May to accumulate and prepare the launch or their Spot ETFs. China FUD as trigger to let retailers sell their tokens. When everybody was expecting the big dump to lower ranges 07-21-2021 #FTX starts to buy and pumped the price up
init a new rally heading upper 40s/50s. More China FUD follows to get more tokens from retailers. FOMOying with incoming Spot ETF to rise the price up and reach new ATH. November 12th SEC announcing their rejection citing concerns about the lack of regulation and the potential
Read 5 tweets
3 Jan
🚨🚨 Update: Our daily view is still showing a rising whales ratio indicating more whales inflows arriving on exchanges. Our total exchanges netflow also showing a positive netflow on exchanges (more inflows than outflows) of almost 850 #BTC. Since end of december

#BTC #ETH #XRP Image
no more big inflows were detected. Also we can see a rising stablecoin supply but a declining stablecoin reserve on exchanges indicating more stablecoin outflows from exchanges. Also for me a sign, they are preparing a dip. As the stablecoin supply keeps rising no big volume
in stablecoins are arriving the treasury. So, not that bearish. However, that would also indicate, we are not done yet with our dumps. That matches very well with my current expectations.

If we switch to our hourly view we can see that our whales ratio maintain very high since Image
Read 16 tweets
2 Jan
Sometimes to detect certain OTC activity I usually use the Total Tokens tranferred on netwok indicator combined with the exchange counts indicators. Together they can show you potential OTC activity. The August pump was driven by #FTX and my theory is, the

#BTC #ETH #XRP
rise of activity outside of exchanges (potential OTC, darknet, etc.) in August happen because #FTX huge transactions, a total of 40,000 #BTC. I have reported about that close after it happend. But the other 3 I have detected looks strange. They are related to dumps. Would be
interesting to know Genesis current data related to #BTC demand by institutionals. Because in their last report they mentioned that institutional demand is shifting from #BTC to #ETH. Until yet I thought our current dumps are related to the China mainland shut down, but what if
Read 6 tweets
7 Oct 21
What is Inspos theory of what is happening with the market. Why did we pump #BTC July 21st?

Introduction: From May to June we had formed 3 different dead cat bounces with a LL support.

#BTC #ETH #XRP #Crypto #Analysis
Mid of June I have mentioned that I was expecting a shift to new lows as the market was reacting like in a re-distribution schematic, with poor quality rallies and only a rise in volatility in the beginning of the phase. But then June 26th something changed.
I have never understood what happend there. Now after months with more data and information in general, I think to know what let us flip from an uncoming dump to a new bottom to a quick accumulation from July 4th to July 20th. I have mentioned different times, that the pump
Read 20 tweets
6 Oct 21
Who is buying all the Bitcoins? Let us see... follow the money as usual 🤣

Gemini - Purchased 9,000 #BTC withtin 6 days. But it wasn't involved in todays pump.

Okex - Purchased 4,300 #BTC within 6 days. Was involved in todays pump.

#BTC #ETH #XRP
FTX - A strange chapter of exchanges reserves 🤣 Where are those 55,000 #BTC? You remember? I have talked about. However, of course involved in todays pump, everything else would surprise me 😂

Bybit - Purchased 3,100 #BTC with 6 days. But it wasn't involved in todays pump.
Coinbase - Is only selling BTC it seems 🤷‍♂️🤣

Kraken - Pushed the price in todays pump with 500 #BTC. Not big.

Huobi - It was involved in todays pump with 1,000 #BTC.

Binance - Sold 6,700 #BTC within 5 days. Sold 1,500 #BTC in todays pump.
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(