📉 BTC Update: We've arrived at the golden Fibonacci retrace from the $70K high to the $49K low. Time to see how it reacts here. 👀 Also, worth noting—$750M in BTC sell orders just got placed just above the current price on Binance. Keep an eye on this level! #bitcoin☀️

📉 BTC CME Gaps: Why do they matter? These aren't just memes—CME gaps have a strong track record of getting filled. Always good to have them plotted on your chart! 📊 #bitcoin☀️ #CMEGaps

3days for the weekly candle to close #BTC☀

📊 ETF Update:

#BTC☀ ETF: Despite the heavy drop, we saw only a minor outflow day. Given the volume traded, it's clear many BTC changed hand

#ETH ETF: What more can I say? Only inflows yesterday. People are stacking up on this dip.

What did you do? 💡

📉
After ETF approval, BTC dropped for 12 days, totaling a 22% loss. Then, it hit its lowest point. A bounce back began three days later. It took 17 days to return to its previous level.

Similarly, ETH also fell for 12 days after the ETF approval, dropping 25%. Now, we need to see what happens next.
🔍📊
#CryptoETFs

📈 Crypto ETFs: BTC & ETH are showing a big divergence in the last two days when looking at the CVD of Coinbase 🔵 and other spot exchanges ⚪️. There's an urgent buying interest at Coinbase. Could this be thanks to the ETFs? #Bitcoin❗ #etherium

📉 Trade Alert: BTC Levels to Watch

If BTC loses its current area, my lower green box around $60K comes into play. This zone is critical for support and could determine the next move. See the attached image for detailed levels. #BTC☀ #tradingbtc

📈 ETH ETF Flows Update

Yesterday's data reveals a consistent inflow across all ETH ETF providers, with the exception of Grayscale. Notably, Grayscale's outflows are reducing in size. Impressively, the total overall flow for yesterday turned positive.

This trend indicates increasing confidence and interest in ETH ETFs among investors. Keep an eye on this space for further updates.

I like the 1H reaction on #ETH🔥🔥🔥🔥 after taking out the liquidity zone at $3240. If we hold this low on a closing basis, $3500 🚀 is next IMO. If not, the recent low at the $3100 area is the target.

The CVD divergence on ETH is still present. 📉 When zooming out, you can see that since the ETF launch, spot has diverged from futures. Don't get tricked on the mid- to longer-term timeframe. 🕒 Remember, ETF flows take time to digest and fully impact the market! 📊

🚨 I track OI (open interest) very closely to see what the market is doing and to anticipate on it. Right now, it touched and went even above my line of resistance. That line marked each previous time a pending squeeze was happening in the upcoming days. So get ready! 💥📈

#bitcoin☀️ #Openinterest

📊 Check out the ETH CVD divergence! The three upper lines (🟣⚪️🔵) represent spot exchanges, while the three lower lines (🟡🟤🟠) represent futures.

When CVD goes up, it indicates buy aggressors are dominating (market buying). Conversely, when CVD goes down, it shows sell aggressors are in control (market selling). Right now, spot shows net buying pressure, while futures indicate the opposite.

One has to come to the other eventually. Stay tuned! 🔍📈 #ETH

🚨 We've just observed a massive spike in Open Interest (OI). This increase indicates a surge in new positions being opened, which could lead to significant volatility

Key Points:
📈 Open Interest Surge: OI has skyrocketed, showing a sudden influx of new capital and trading positions.
⚠️ Potential Volatility: Such a dramatic increase can often precede market swings. Be prepared for possible sharp price movements.
📊 Market Impact: This surge in OI could impact liquidity, pricing, and market sentiment across various asset classes.

I've highlighted the critical area on my chart that I want to see hold. If the first green box fails, we're likely headed back to the range lows (second green box). It's an important time ahead, and OI will play a great role. Follow for more updates and stay ahead of the market! 🚀📊 #BTC☀

📉 For BTC, we saw OI retrace in this dump, but similar to ETH, the OI that got pushed out was immediately re-added. I'll be watching the 63.3-4K level closely. This area has significant confluences:
- Daily 21 EMA 🟡
- Daily 55 EMA 🟢
- 4H 200 EMA ⚪️

📈 ETH Open Interest surged on the day the ETF launched. Despite some longs getting squeezed during the recent drop, OI has returned to pre-dump levels. This signals that the market will remain volatile in the coming days. #ETH🔥🔥🔥🔥 #Volatility

🗣️ Have you heard? Kamala Harris is reportedly set to speak at a Bitcoin conference! If true, that means all 3 presidential candidates will be addressing the Bitcoin community. Let that sink in. #BTC☀ #bitcoinconference

What more is there to say? Let the volume numbers speak for themselves. Waiting on the actual flow (inflow/outflow) numbers.

First 90 min volume

📈 Impressive results for the ETH ETF's first day, hitting $361M volume in 90 minutes! Ranked 15th in ETF volume. Let's wait and see tomorrow's results and flows. Stay tuned!
#ETFEthereum

🚀 Bitcoin is just 10% away from its ATH, and we're seeing impressively low funding rates! This indicates a solid spot bid and potential for more upward momentum. ETH also looks strong. Honestly, both are crazy seeing where PA is at! 📊
#BTC #ETH