$BTC $1B+ Open Interest ramp up in 3 hours during a weekend. | DaanCrypto on Binance Square

Trending Articles

Bookmarked and Liked

--

$BTC $1B+ Open Interest ramp up in 3 hours during a weekend.
BTC has been strong lately but be careful when a lot of leverage is added during weekends.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

108,940.01

-0.00%

10

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@DaanCrypto

Explore More From Creator

While $BTC made new highs, we can see how the $TOTAL Altcoin Market Cap is still nowhere close. Even though it has bounced and taken back some previous losses, it's still 30%+ away from reaching those all time highs (which are still from 2021). The key horizontal level on the chart is what needs to be broken for alts to play some catch up with BTC. But overall, the BTC trend is just much stronger as it has been all cycle.

--

While $BTC made new highs, we can see how the $TOTAL Altcoin Market Cap is still nowhere close. Even though it has bounced and taken back some previous losses, it's still 30%+ away from reaching those all time highs (which are still from 2021). The key horizontal level on the chart is what needs to be broken for alts to play some catch up with BTC. But overall, the BTC trend is just much stronger as it has been all cycle.

--

It's a fact that most summers, price action gets relatively choppy and doesn't often trend in a strong direction. We saw it in 2023 and 2024 this cycle. If there are any signs that we'd go through something similar again in 2025 where we're just following up big moves with full retraces every few weeks or so, my goal will be to try and do as little as possible. These periods can be good to rebalance long term exposure and do some shorter term trades. But positioning for swing trades and roundtripping your "bottom" or "top" entries is generally quite wasteful of your time, energy and money. Just writing this for future reference and to remind others that the Summer is generally pretty slow as there's simply less volume, liquidity and market participants. The same counts for stocks.

--

It's a fact that most summers, price action gets relatively choppy and doesn't often trend in a strong direction. We saw it in 2023 and 2024 this cycle. If there are any signs that we'd go through something similar again in 2025 where we're just following up big moves with full retraces every few weeks or so, my goal will be to try and do as little as possible. These periods can be good to rebalance long term exposure and do some shorter term trades. But positioning for swing trades and roundtripping your "bottom" or "top" entries is generally quite wasteful of your time, energy and money. Just writing this for future reference and to remind others that the Summer is generally pretty slow as there's simply less volume, liquidity and market participants. The same counts for stocks.

--

It's a fact that most summers, price action gets relatively choppy and doesn't often trend in a strong direction. We saw it in 2023 and 2024 this cycle. If there are any signs that we'd go through something similar again in 2025 where we're just following up big moves with full retraces every few weeks or so, my goal will be to try and do as little as possible. These periods can be good to rebalance long term exposure and do some shorter term trades. But positioning for swing trades and roundtripping your "bottom" or "top" entries is generally quite wasteful of your time, energy and money. Just writing this for future reference and to remind others that the Summer is generally pretty slow as there's simply less volume, liquidity and market participants. The same counts for stocks.

--

Latest News

Musk Addresses X Platform Outage and Operational Challenges

--

Cryptocurrency Market Experiences $266 Million Liquidation in 24 Hours

--

X Platform Faces Major Network Disruption Due to Data Center Fire

--

Phishing Attack Results in Significant Financial Loss

--

U.S. President Trump Announces Progress in International Agreements

--

Cookie Preferences

Cookie Preferences