CryptoCache

160 posts

CryptoCache banner
CryptoCache

CryptoCache

@CryptoCachtrade

Only private elite here!! I will mainly talk about crypto market, price action analysis etc. ONLY FOR A FEW PEOPLE MAIN ACCOUNT @CacheTrading

Beigetreten AฤŸustos 2023
1K Folgt30 Follower
CryptoCache retweetet
CryptoCache retweetet
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž
Another significant disparity between True Retail Longs and Open Interest delta! TRL = 0% OI = 100% When OI is maxed, continuation potential is very high. This, in addition to TRL at 0% - suggests retail is too heavy in short positions. This imbalance is an indication MM's aren't done pumping the price just yet. ๐Ÿš€
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž tweet media
English
0
3
16
1.2K
CryptoCache retweetet
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž
$BTC Coinbase Premium Index Surprisingly, after a significant pump today... CBPI remains in the red. This suggests U.S. institutional money is moving out or staying on the sidelines, refusing to buy at current prices. For those who do not know... a negative Premium indicates that Bitcoin is trading at a lower price on Coinbase. This typically reflects: Selling pressure in the U.S. market Declining risk appetite among investors Rising risk aversion or capital outflows Translation: US isn't buying this pump, at least not yet.
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž tweet media
English
8
10
73
6.6K
CryptoCache retweetet
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž
$BTC Whale Games, Continued๐Ÿ‹ Half dozen large trades (1 million+) flowed into Bitcoin before and after today's Cease Fire was announced. This suggests 69-70k is a strong support and will likely hold if retested. ***Please note, there are A LOT of sell orders (asks) & liquidation at 71.5-73k. Likelihood of a short-term rejection in this range is quite high.
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž tweet media
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž@CacheTrading

$BTC Whale Games ๐Ÿ‹ Large trades (1 million+) increasing as the price continues lower. This shows support in the 67-68k range is substantial. However, Open Interest is low and CB Bitcoin Premium Index is dropping. This suggests we could see a dead cat bounce.

English
2
5
27
4.5K
CryptoCache retweetet
CryptoCache retweetet
CryptoCache retweetet
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž
$BTC Aggregated Open Interest Last time Bitcoin pulled back to 66k, aggregated OI hit a low of ~16.05b. Right now, it's trending at approx. 16.45b Since MM's typically use OI as a gauge of strength and sentiment, this data tells us Bitcoin should continue lower. The likely next pivot point would be in the support range of AOI 16.05b / 66-67k.
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž tweet media
English
8
8
28
2.1K
CryptoCache retweetet
CryptoCache retweetet
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž
Careful traders, there is a HUGE disparity between True Retail Longs and Open Interest delta! TRL = 6% OI = 96% When OI is high, continuation potential is too. This, in addition to TRL under 25% - suggests retail is heavy in short positions. This imbalance is usually an early indication MM's aren't done pumping the price.
๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐‚๐š๐œ๐ก๐ž tweet media
English
4
7
52
3.5K