Crypto News Aggregator by EXCAVO(@Excavo-Creator)'s insights

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🧐 #CryptoQuant noted record-long positive $BTC futures funding rates, signaling strong bullish sentiment. Historically, such optimism precedes price corrections. A subsequent drop may offer a prime buying opportunity.

🧐 #CryptoQuant   noted record-long positive $BTC  futures funding rates, signaling strong bullish sentiment. Historically, such optimism precedes price corrections. 
A subsequent drop may offer a prime buying opportunity.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.

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😯 #Santiment : The following assets sit atop the top trending list of crypto assets that are driving market discussions and sentiment: #Wormholecoin : Trending due to the Wormhole Token Generation Event (TGE) and a massive airdrop of over 670 million tokens scheduled for today. $ENA Ethena Labs: Trending due to the surge in price and marketcap of Ethena Labs' governance token $WAVES Protocol: trending due to a proposal to invest #XTN treasury funds into the Waves Index (WIND) pool, with the protocol buying tokens using WAVES from Neutrino reserves.

📊 $BTC sellers' strength is declining, providing an opportunity for a rebound This follows from the Net Taker Volume indicator from #CryptoQuant

📊 $BTC Since the beginning of 2024, Bitcoin has become less correlated with altcoins due to institutional interest in BTC-ETFs

🎢 $LTC #IntoTheBlock : Litecoin is currently one of the select few assets in the top 100 that's in the green today, showing strong performance ever since it was labeled a commodity by the CFTC. This move has led to 75% of LTC holders now being in profit. Looking forward, we're eyeing a notable on-chain resistance at around the $150 mark, where 8.16 million LTC, held by 590,000 addresses, was purchased historically. This level could present a significant resistance point, as these holders have found themselves in a loss since December 2021.

📊 $BTC Greeks.live: In the options market, the dominant transactions at the moment are call options, with $ETH call options accounting for 90% of total transactions.

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