Get some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up.
Some talking points include: • Volumes • Monthly and Quarterly Charts • Orderbooks and order clusters • Grayscale Premiums • BAKKT and CME Futures basis premiums • Options Put/Call open interest distribution and expectation • Funding Rates, Open Interest and Liquidations
Comment
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For some reason mouse pointer was gone middle video while talking about the books. Apologies for that. I was mainly talking about the most left orderbook view (coinbase)
When D7R uploads, crystal balls start to watch the video.
I share the concern related to the volume patterns.
Listening to some fine details on that topic was pure joy. Exactly the information I was looking for.
Also noticing in the volume pattern that the price is pushed at key levels is a genius level move.
D7R
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@goraxes_, hope the crystal ball is not some MM searching for sentiment on TV to print the opposite on the chart 😅 thanks for the cheers 🤝
bizmatej
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to the moon ! unless stock market crashes again
El_Morenito
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Cool stuff, I was looking at TOTAL2 and BTC.D contradicting the current signals, suspecting huge bull trap for everyone that bought from august up until now. I also used some of your indicators. ;-)
D7R
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@El_Morenito, yeah I like to extrapolate eth out fo total2 so i use total3 (total2-eth) and apply dominance calculation vs Bitcoin. All of them seem to be aligned to start bear market while bitocin regain dominance (not necessarily by moving up but because it will move down slower than alts)
helpfulPear98930
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@D7R, with SHIB making a +100% i am expecting a rise in BTC.D too, and money flowing to stable coins. the memecoin rally is the last step of the cycle
D7R
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@helpfulPear98930, yeah SHIB and DOGE moves are just a distraction as most alts are currently rotating either to FIAT or Bitcoin.
I share the concern related to the volume patterns.
Listening to some fine details on that topic was pure joy. Exactly the information I was looking for.
Also noticing in the volume pattern that the price is pushed at key levels is a genius level move.