$BTC Over the weekend, bullish chips were closed by a large number of long orders from giant whales, and the chip concentration turned from long to neutral. Although the squeezing momentum continues to shrink, the performance of the data in the past year does not necessarily mean that it will start to rebound again, and we need to continue to pay attention. The chips change. The financial aspect still shows that traders are conservative about the market outlook.
$ETH is relatively weak (SOL is even weaker), the short chips are concentrated, and the whales are obviously short. Most cottages have similar situations. In recent days, $STORJ and $BIGTIME, which have been relatively strong, have also begun to see bullish chip divergence (weaker performance).
Data source:blave.org