π¨π¨ Quick Update: Tonight literally nothing happend. Our whales ratio has rised again, even not that much, showing by our 30D average, but we had a bigger positive netflow of almost 1,600 #BTC indicating bigger whales inflows. It doesn't look bullish at all now.
DXY is pumping like hell right now while SPX was rejected at the resistance. That could cause some sell pressure too. It looks like they are prepared for todays CPI. It hast to be bad data to let the market dump hard imo, as it should price in already. But the chart looks awful.
Please use SL and max your risk management. I will stay away. Since yesterday no spoofing activity detected on #Bitfinex. Like the market would be in idle. π¬ Be careful!
Funding rates dumping while leverage ratio is rising. Wow, looks ultra bullish. ππ€¦ββοΈ In case we pump, they will rekt a lot of high leverage shorts. π€·ββοΈ
More positive netflows detected indicating big whales inflows. Whales ratio 30D average declining. Imo they are preparing the worst case sending their tokens to exchanges in case the data release today is weaker than expected. To be honest, in case we dump, I will try to long
the local bottom. I'm not going to sell my spot bags bought yesterday and I expect a bullish trend until friday. Not big, but big enough to generate quick gains.
β’ β’ β’
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Ok, it seems the markets are not reaction. They see that as neutral. A reduction of PPI means, no big impact to the producer price. Maybe even a positive signal due inflation. #BTC is just in its trading range since yesterday between 43.5 - 44k. Ok. π
π¨π¨ Update: Our hourly view chart is showing a rising whales ratio indicating more incoming whales tokens on exchanges. The 30D average whales ratio rised up overnight and is falling right now. However, since yesterday we have detected more positive netflows
indicating bigger inflows linked to whales than outflows. Stablecoin supply keeps rising and stablecoin reserve on exchanges is lifting up. Since yesterday I have detected almost $500m in #tether outflows from #Binance to "unknown". That's what we are noticing since weeks. They
Our block view is showing a rising whales ratio indicating more whales inflows arriving on exchanges. The dump in whales ratio I have detected 01-11-2022 was, as expected, an accurate indicator for a coming pump. Since
π¨π¨ Update: Our hourly whales ratio (1) maintains high, but lower than the days/weeks before. Also confirmed by our whales ratio 30D average. As you see, we had some hard dumps in whales ratio. That's usually a bullish signal. Happenend yesterday.
Since then I'm waiting for a pump or at least a lift up (2). Our netflow is indicating more outflows (bullish) than inflows (bearish), but since this morning more whales tokens arriving the exchanges. Anyway, the bullish signal is not strong yet, but the bearish signal not strong
enough either.
Our block view is showing also a dump (1) in whales ratio as announced yesterday. Also here our whales ratio 30D average (3) has declined. While our total netflow is showing big positive (2) moves since this morning, indicating bigger whales inflows to exchanges.
π¨π¨ Update: Little market update. #BTC doing good right now. Holding the line. Whales ratio (WR) pumped after our WR dumped. While no big positibe netflows detected, but negative indicating bigger outflows from exchanges. WR 30D average also lifting up.
Future traders shorting again expecting another dump with rising leverage. Taking a look to the chart I see our SOS (sign of strength) and BU (back-up). Both lines works as support. If we lose these both, we could fall heading 42k. So, everything below 42.4k is critical.
The sell pressure is declining. That's a good and a bullish sign. What you see right now is the market without #Bitfinex spoofing activity. That's not bullish at allππ
Now I'm scared too. π Since weeks I didn't see such a drop in whales ratio. While whales inflows are arriving on exchanges. That's definitely a pump preparation. But imo looks too big for me. We have a max pain of 44k for friday. Be careful. In case we pump hard above 44k we/1
should retrace back to 44k or at least maintain a price level close to 44k. So be careful with rising volatility!
Our current netflow ππ LMAO It seems they withdraw just few tokens from yesterdays dip π I will check what exchange is showing this big outflow!