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We can enhance this assessment using the LTH Sell-Side Risk Ratio, which measures the total realized profit and loss by investors relative to the asset's size (Realized Cap).
- High values suggest that investors are realizing significant profits or losses, indicating the market may need to find a new equilibrium, often after high volatility.
- Low values suggest most coins are being sold near their cost basis, indicating market equilibrium and typically reflecting a low-volatility environment.
Currently, the LTH Sell-Side Risk Ratio is lower than during previous all-time highs, suggesting that long-term holders (LTHs) are taking fewer profits compared to past cycles. This implies that LTHs may be waiting for higher prices before increasing their selling activity.
#BTC looks weak as Weekly candle closes with a engulfing one, and moving lower as price is below major area and also the key level of $60,000 could be a worrying situation.
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Despite significant sell-side pressure from long-term holders (LTHs) at the market ATH, their wealth remains historically high compared to previous ATH breakouts. This suggests potential for further LTH selling if BTC price rises, but also indicates LTHs' unwillingness to sell at lower prices, pointing to a patient and resilient holder base.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, going to be a fakeout now on weekly, candle nearly getting closing and might got engulfed too. Price can do a good correction in case of a engulfing.
What Is the Solana Virtual Machine (SVM)?
The Solana Virtual Machine, or SVM, is the system powering Solana's ability to handle thousands of transactions per second.
In simple terms, SVM is Solana's execution environment. It's the software that runs and processes all the transactions and smart contracts happening on the network. You can think of it like a decentralized computer processing power distributed across all the nodes validating transactions on Solana.
SVM helps with the initiation of a transaction on Solana by executing the required code and modifying Solana's state accordingly.
How Does the Solana Virtual Machine (SVM) Work?
SVM isn't one centralized system - it operates as separate instances (called validators) across the nodes validating transactions on Solana. Each validator runs its own isolated version of SVM locally.
This distributed arrangement is vital for security and scalability. It means if there's a bug in a smart contract, it won't crash the whole network. And it enables Solana to spread the workload across many parallel processors, rather than being constrained to one centralized server.
These SVM instances execute the transactions and smart contracts by translating the code into instructions the validators' hardware can comprehend.
Although highly technical, the key takeaway is that SVM allows Solana to run complex programs in a distributed way across many nodes.
#MATIC gave a closing below the support in H4 TF but daily TF ended up being a rejection. In H4 price forming a lower low, and a Daily candle closing above and that will be a good buy opportunity.
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Here's the Analysis of NULS :
#NULS making Higher High and Higher Low and moving within patterns. Currently, price retesting the structural support zone of $0.40 - $0.41 also moving within the small channel too. Eyes on the channel break, and this coin is also good for long run.
#BTC attempted to move higher but ended up being a rejection from the resistance. Price again back to the support area, and back inside the consolidation range. Price again need break the range with strong Daily closure.
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The CVD metric to estimate the present net balance between market buying and selling pressure in spot markets.
This metric can in turn be used to assess mid-term market momentum, as well as any headwinds or tailwinds for price. Since the formation of a new ATH, we note there has been a consistent regime of net sell-side pressure.
Here's the Analysis of #MATIC :
#MATIC is dropping with the market conditions and reached the major support zone of $0.41 - $0.43 and getting slow down with selling pressure. Eyes on the market structure shift for taking buys and in Case of Daily Candle Close, we can expect some more shorts.
#RARE broke the triangle to the downside and gave a shallow break too. Price had good sell-off of more than 20% - 25% in favor. Price approaching the area of $0.13 where price could reverse from.
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Here's the Analysis of #WIF :
#WIF is been moving back and forth of the major support zone of $1.49 - $1.55 and broken the a triangle pattern too. Price again falling back towards the zone and expected a bounce from there. You can have strong bias once price tap into.
Accessing the 7-day change in LTH supply as a tool to assess rates of change in their aggregate balance.
We can see substantial LTH distribution, typical of macro topping formations, into the March ATH. Fewer than 1.7% of trading days have ever recording a larger distribution pressure. More recently, this metric has returned to positive territory, indicating that the LTH cohort are expressing a preference for holding onto their coins.
As expected, seller are standing strong and price gone for a retracement or we can see a short-term pullback. Structural area is at $61,100 and low, were potential bounce could come.
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The Accumulation Trend Score (ATS) metric assesses a weighted balance change across the market. This metric also suggests there is a shift back towards accumulation dominant behavior.
The aforementioned shift towards accumulation has contributed to the ATS recording its highest possible value of 1.0, suggesting significant accumulation throughout the last month.
#GOLD UPDATE :
#GOLD goes near the #ATH and hovering over there. A new consolidation is formed near the All-Time Highs, which can take this into a another re-distribution phrase (upside move) due to global conflicts. There can be slight chances of correction of the market.
Here's the Analysis of #CREAM :
#CREAM is been dumping alot and reached the listing price in binance and a major support zone of $14.25 - $15.60 and currently, moving within the a small channel pattern. A breakout will decide the directional move, but the trend looks heavily bearish so can;t expect much bullish move.
#DXY UPDATE :
#DXY gave a good closing below the support and had a retest too. Candle was strong enough for closing, so we can expect market of rally. The only problem is current, weekly close above, might turn into a fakeout.
Here's the Analysis of #DUSK :
#DUSK is been rejected hard from the major resistance area around $0.22 and currently, price retesting the structural support zone at $0.19 - $0.20 and need to see some sort of rejection or break to have the setup.
Comparing the Adjusted Spot CVD (30d SMA) with Monthly Percentage Price Change reveals interesting insights. The recent failure to break $70k can be partly attributed to weak spot demand (negative adj-CVD). A potential market recovery could be confirmed when the Adj-CVD returns to positive values, indicating renewed spot demand.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, reverses back to the support and price kept on consolidating past 3 Days. Also, price holding the support by looking into that, there's no closing below it.
What is Snapshot ?
Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height. In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).
Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address. In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.
Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain. For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.
Here's the Analysis of #REN :
#REN is been moving back and forth of the key zone around $0.039 - $0.041 and attempting to move lower again. Price broke the a small channel pattern too and short will look good after the Daily candle close.
#BTC started consolidating over the major support and this is good, as range will always have a big move either side. Eyes on the breakout
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Despite the aggressive distribution from April to July, the spot price has continued to trade above the Active Investor Cost Basis, which represents the average acquisition price of active coins in the market.
The Active Investor’s Cost-Basis can be considered as a key threshold delineating bullish and bearish investor sentiment. Since the market managed to find support near this level speaks to a degree of underlying strength, suggesting investors are generally still anticipating positive market momentum in the short-to-medium-term.
#BTC got it seller reaction, and back inside the consolidation range and into support too. Market again into a fear mode and again rejecting the support. Its a crucial point and need to see break in structure.
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What Is Smart Treasury (Balancer)?
In traditional finance, share repurchase – or buyback – is a method of transferring profits earned by a company into the hands of its shareholders, an alternative to paying out dividends directly. It is mainly done via purchasing outstanding shares on the market, which then become treasury stock – not entitled to receive dividends and removed from governance participation. It is held by the company and can be later resold on the open market to reacquire capital.
In decentralized finance (DeFi), projects often use a similar scheme of buying back their native tokens from the market, which tends to provide a lower bound on those tokens’ valuation and market capitalization, increasing the overall health of the ecosystem. Smart treasury is a mechanism that automates and optimizes these token buybacks.
Smart treasuries are closely related to automated market makers (AMMs) – which, in turn, are a result of the emergence of decentralized exchanges (DEXs).
Smart-contract-enabled blockchains, such as Ethereum (ETH), have allowed the cryptocurrency industry to build decentralized exchanges. These exchanges allow market participants to trade assets directly between each other and are operated by computer programs, with little need for human administration.
While an improvement in some ways over their centralized counterparts, DEXs are associated with several inherent downsides, one of them being the problem of providing 24/7 liquidity in an environment devoid of a centralized authority that could pool all the trades. AMMs – smart contracts for the management of crowdsourced liquidity pools – have been adapted by the DeFi industry as a solution to this problem.
AMMs receive digital assets from liquidity providers and use those pooled resources to enable constant trading between otherwise asynchronous buyers and sellers. Liquidity providers usually earn liquidity pool tokens in return for parking their capital at an AMM.
The smart treasury concept, initially proposed by the Balancer AMM protocol, allows AMMs to manage – in addition to the above responsibilities – the process of buying back a project’s native tokens from the market, increasing the efficiency of buybacks. The tokens stored in a smart treasury can also be used as an issuance and liquidity pool, allowing for the eventual reintroduction of the treasury tokens back into the DeFi ecosystem, just as it works with treasury shares in the traditional stock markets.
#GOLD UPDATE :
#GOLD perfectly moved to the upside and expected and exactly made a strong bullish move to the upside near to the All-Time Highs. Now, market looks again weak and taking support, but still we can expect new #ATH from here. Go with your additional confluence and confirmation.
Here's the Analysis of #TON :
#TON formed a strong consoldiation range and approaching towards the support zone of $4.60 - $4.92. #TON have a huge potential in upcoming month and expect a bounce from the support and eventually a bullish break to this range.
#US30 UPDATE :
#US30 did made a pullback and grabbed strong liquidity from the market, and again moved up towards the resistance area around 41,350. Potential retest are would be 40,990 area as support to move higher.