#ETHEREUM In the live market data, the derivative party, which is still not convinced of the decline, closes the short positions. If they then open a long position while the price continues to fall, then it will be a big problem. Even in this state, it is not very positive because long positions remain dominant in the market. You can see this in the second image.
Since these are live market data, they are dynamic and will change. These data are the ones that need to be followed for now. #ETH $ETH

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#Ethereum We have been analyzing it frequently for the last week and we are also talking about the risks. 2405 Fibonacci 0.5 level was the target and it got there. In the attached 1st chart, you see rising channels with short-term and long-term retracement zones. When the short-term ascending channel is broken, this channel may now turn into resistance.
In the 2nd and 3rd graphs, we see a decrease in open interest. In other words, short positions are closed and long positions are accumulated in the market. These can be liquidated quickly. Because there was also a negative mismatch in the power indicator, which is a factor that may continue the decline.
We also mentioned that funding rates are too high. This is a risk, if a purchase is to be made, there must be a withdrawal or these funding rates must reach neutral levels. We are at the 2330 level, if this channel breaks, the 2300 level will be followed. If it breaks, we can see a deep retreat at the 2200 level in the first place.
In short, if the short-term channel is broken, the 2200 level will be watched. If this is broken, the 2000 level will be watched. If these major supports are not broken, there is no problem, support can be found and the direction can be turned upwards again. It should be followed with short-term analysis. Funding rates and open interest data are like this for now, the wind may turn the other way again tomorrow. $ETH

The attached chart contains the Ethereum price and the CVD indicator.
It was prepared to look at the long-term structure.
At the far left of the structure, you see that the CVD is constantly decreasing as the price rises. And after this decline is over, you can see that the price cannot rise again. In other words, while the price was rising, whales sold and left the market alone. When CVD starts to attack from the bottom, it is seen that although it does not affect the price at first, there are increases afterwards. So we can see the orientation and movement of the smart money. And this smart money continued these purchases until January 2023. What happens next? The price is rising, but the data is always downward, meaning there have been sales since January 2023. With each rise, a little more is sold. Sales made are purchased by the market. But how far? This is the case for now and carries a risk in the medium term. In other words, the far right side of the structure is negative discordance. Same as the discrepancy on the left side, but it was clearer on the left side. The middle of the structure is positive discord. In other words, it is the region where CVD no longer decreases when the price decreases. In the middle of the structure, CVD finally accumulates and turns upwards, now sales continue but there is no accumulation yet. You can follow it yourself and make comments. At the end of the day, if you are trading short term, you have to take price action as your basis. This is only an analysis that may affect your medium-long term forecast. As you can see in the graph, all these processes took an average of 6-12 minutes.
#Ethereum #ETH $ETH

We said that the #Ethereum major level has been clarified. This run was on the 4-hour chart. So, if the major level is clear, what happens to this level at the same time? Possible liquidity intake level.
There is no change in the current levels. Only the liquidity intake took place and after that it already fell sharply. Also, our target at 2405 was reached.

Now the first support is 2355 as you see in the 2nd image. He came there too. Also, the 2333 level is the low time zone major level. If this place is broken, the range 2286-2218 will be followed.
We see liquidity in the 3rd image. This was the first liquidity area and it is trying to hold on here. It is risky to try to buy short again before 2355 is seen to be broken.

You can see the funding rates in the last image. 0.0418 is too much of a funding rate for ETH. This is expected to approach neutral. This can happen in two ways: by closing long positions or opening more short positions.
#ETH $ETH

#Ethereum major high has been clarified and current levels are given in the chart.
Fibonacci study was carried out in short term and long term.
Regression channel was used for ascending channels.
2218 major bottom is important for the short term. #ETH $ETH

As a result of the events that occurred yesterday, Changpeng Zhao resigned from his position as CEO and was replaced by Richard Teng. We see how professionally and moderately the process is carried out. We wish him success in his new duties. We hope that more positive developments for the sector will continue under the leadership of #Binance .

#Bitcoin You can see the technical analysis levels in the attached 1st chart. In the current situation, as long as it remains above 33350, we cannot talk about a downward break and the direction is upward. However, it should not be forgotten that the current point is very far from 33350 and close to the resistance area.
For the rise to continue, it must rise above 37284 and remain above it permanently. In other words, we can evaluate the short-term resistance zone as up to 37500.

In the second chart, you see the liquidation data. Here too you can see there is a gap up to $BTC 37459. So up to here the price can go quickly and it doesn't mean anything. Because it is easy to commute in that area. What needs to be seen is that it must be permanent after rising above 37289. Afterwards, you can see that there is an accumulation at 38k in the liquidation chart. So it's a bit crowded in front.

In the third chart, you see the limit order sets. Loaded orders that can hold #BTC currently start at 37.5k and go up to 38.5k. So the real thing starts after reaching 37.5k. It will relax after passing 38k. In the lower region, there are not many limit orders to hold. So if it falls, the lower area is a bit problematic. This data is dynamic and needs to be monitored in the short term. For now, short-term directions may change when levels remain above 38.5k in the upper zone and below 37k in the lower zone. Short-term open interest and funding rate analysis should also be made and monitored. #BTCUSDT.P #BTCUSDTUPDATE

When we examine the heat map of #BTC , you can see that limit orders are lined up. So #Bitcoin has just come to a serious resistance.
These orders up to 38k can only be taken with a market order. $BTC
There is no visible buy order in the lower region. In other words, if there is a decline, this decline may be rapid because there is no support below to hold the price. This does not mean that it falls. There are two choices:
1-It accumulates in this region and the lower region is filled with limit orders over time.
2-There will be a sharp decline from this region and it will retreat to the first purchase support region.
So what should you follow? In these increases, you should first monitor the open interest and funding rate to ensure that it does not go down and that the increase increases. If you continue to open shorts persistently during increases, then you now know what to do. Do not trade against the trend.

#PAXGUSDT #XAUUSD #Gold started a pullback again around our resistance level. Retracements towards 1910 may be buying opportunities. If 1953 is passed, the resistance level in the upper region is the peak. If there is persistence above 2000, the rise can be expected to continue at an accelerated pace.
$PAXG

#Bitcoin current levels are on the chart. The range 33350-35977 can be followed as a support zone.
If it remains below 33k, we can say that the rise is over in the short term. As long as it stays above it, the next target continues to be 42321. #BTC Current analysis video will be made tomorrow.
Since inflation data will come during the day, it would be better to skip today. $BTC

The attached chart has the crypto fear and greed index. There is an entry towards the area that is currently in bullish dynamics. If you check the period between September 1 - September 5, 2020 and the price of #Bitcoin at that time, fear prevailed before the bull and prices rose after falling.

#BTC It is not known whether the same situation will occur, but before you act hastily and make wrong decisions, you should analyze the data and levels well and consider the levels at which you can tolerate the loss. You can read our blog post about this index on our Medium blog page.

You can find #Bitcoin levels in the chart.
A new peak was made by pushing Fibonacci level 0.386 above 35977, which we follow as resistance. 33350 is now the major bottom (level that should not be broken). According to technical analysis, its next target is 42321. However, for this to happen, persistence above 35977 must be seen. Therefore, one should not be in a hurry.
There are no new highs on the RSI indicator, as in the price. This is negative disharmony.
Short term is a risky area that needs to be followed. $BTC

#USDT#Tetherdominance has reached critical support. Increases here indicate decreases in #cryptocurrency, and decreases indicate increases. EMA150 is approaching the weekly moving average. #Bitcoin and #altcoin are the areas to be careful. It does not mean that the decline will begin.

#RNDR was one of the coins we have been following for a long time. Ascension scheme continues. However, when they approached the resistance zone, there were retreats.
As long as it remains above 2.11, we can say that the direction continues to be upward.
$RNDR Long-term support and resistance zones are shown on the chart.

#NEAR is the coin we follow, which has the biggest share in the possible reaction increase. #NEARUSDT 5.61 and 8.48 levels are followed in the continuation of the rise. These levels will be valid if they exceed 2.90 and become permanent. Currently, it should be followed in the lower time frame in the shorter term.

#SOL made new highs, pushing the important support level up to $17. It is currently at the critical resistance level. In the rises that may occur from this region, first $ 48 and then $ 67 can be followed.
Since #SOLBTC is in the resistance zone, its dominance over #BTC may have ended.

#XRP#Ripplehad risen to the Fibonacci level of 0.382 after the court news. These levels are still valid as seen in the chart.#XRPBTCparity has also remained horizontal for a long time. If there is an#altcoinrally, $XRP may react well. Levels are long term.

#ETH #Ethereum long term fibonacci levels are included in the chart. The area where it is currently located is followed as both critical support and critical resistance.
2405 level is followed in the continuation of the rise.
It is also close to important support at #ETHBTC parity.