📈 Market Overview: Tug of War
While sellers managed to push prices to the lower end of the local accumulation zone, it should be noted that neither side of the market has succeeded today.
#BTCDominant Direction: Short
Dominance Score: 20 out of 100%
Dominance Across Timeframes: 79% out of 100%
#ETHDominant Direction: Long
Dominance Score: 5% out of 100%
Dominance Across Timeframes: 60% out of 100%
#HFTDominant Direction: Long
Dominance Score: 30% out of 100%
Dominance Across Timeframes: 100% out of 100%
#SUIDominant Direction: Long
Dominance Score: 28% out of 100%
Dominance Across Timeframes: 96% out of 100%
A mixed picture with marginal figures.
🗣 Assets and Charts
Throughout the day, the market is building potential for a weekend impulse, but neither sellers nor buyers have been able to sway it in their favor yet. Short signals on higher timeframes are weakening.
Locally, BTC tested the upper boundary of the accumulation, but the bulls couldn't maintain their position above it. It's now the turn of the sellers, who have pushed the price back into the accumulation, but it seems they can't capitalize on short potential either.
Altcoins remain in accumulation without significant changes.
🗣 Interesting Trading Scenarios
HFT and
SUI are currently intriguing. They exhibit the highest long-dominance scores with synchronization across timeframes.
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