Quick analysis of the Crypto market 24h

1. Liquidation spiked:

• Total liquidation 24h: 1.7 billion USD (+746%), Longs account for 90.6%.

⟹ The market is “shaking off” strong Long positions.

2. Volume and Open Interest:

• Volume increased by 147%, OI decreased by 11.75%.

⟹ Many positions were closed, liquidity increased significantly.

3. Bitcoin Dominance & Funding Rate:

• BTC Dominance: 54.16% (-0.17%).

• Neutral funding (~0.0100%).

⟹ No clear advantage for Long/Short.

4. Market sentiment:

• Greed index: 78 (-1.27%).

⟹ Optimistic sentiment but cooling off.

Strategy:

• Cautious: Wait for stable signals before opening positions.

• Risk management: Set tight stop-losses, avoid high leverage.

• Observation: Monitor Bitcoin Dominance to identify altcoin trends.