The Coin Daily
Individual stories from Market Update.
Market update ·
Open interest tells another story: some rebuilding pockets, even as the board leans heavy. A few names are seeing open interest pick up, but that's against a backdrop of broad softness: most names are drifting lower, stress is high, and…
Market update ·
One more volatility name: Aave is pinned at 94.42, just below its 50-day average. After weakness earlier, it's stabilized but there's no expansion. Range is 94 to 95, and so far, nothing is breaking out.
Market update ·
Looking for volatility, Uniswap is front and center: Uniswap's the wildest major in the set, but not for breakouts, just for noise. Last price is 3.508, and it's been stuck with repeated holds at 3.50 and failures at every resistance…
Market update ·
On the positioning front, watch Sui: Open interest in Sui is up 1.4% over the past 24 hours, but price is still boxed just above 0.73 support. Multiple failed attempts above 0.735 mean bulls and bears have clear lines, but neither's made…
Market update ·
Moving to the standout mover: Avalanche was the only real outlier to the upside, parked at 6.50. It's topped every other name over the last day, but it's stuck right at resistance, pinned between support at 6.4933 and resistance at 6.5167,…
Market update ·
Aave is also catching attention for volatility, but in a different way. Aave's volatility is elevated, but the price is hugging 96.89 dollars, inside a narrow range between support at 96.687 dollars and resistance at 97 dollars. Anything…
Market update ·
Let's zero in on the names making noise, or at least, starting to. Uniswap is the volatility outlier this session, with 7-day realized volatility at 87.39 and 24-hour realized volatility at 94.42, but price is now glued to the 3.601…
Market update ·
That stubborn downside is also paired with an odd twist in the positioning story. Even as some alts drop sharply, funding is still slightly positive in places, not the flush-out you might expect. That means traders aren't crowding for the…
Market update ·
And keep an eye on Cardano's funding: Cardano's funding rate is negative, making it a standout for crowd bias, but price remains glued to the 0.167 area, pinned between 0.16667 support and 0.16707 resistance. This kind of compression means…
Market update ·
Uniswap is where things get wild: Uniswap stands out as the most volatile name, 7-day realized vol at 81.6 and still climbing, with a 24-hour print of 87.22. Price is pressed up against resistance at 3.5193; the main risk is a swift…
Market update ·
Positioning focus lands on Sui: Sui saw the clearest positioning build on the desk read, but the board here shows open interest at 0$M and OI change at 0.0% over 24 hours. Funding is 7.16% annualized, while key levels stay tight at 0.74…
Market update ·
Finishing on momentum: Aave's strength comes with a catch. Aave is the strongest daily mover, up 4.87 percent on the day and 7.44 percent over seven days, but the most recent hour is red at -0.33 percent. The 92.0 - 93.0 range is well-worn…
Market update ·
Now for volatility: Cardano is your outlier. Cardano at 0.1663 is the most volatile coin on the board by a wide margin, 7-day realized volatility at 81.89. It's pinned just under resistance at 0.16689 and can move fast if sentiment tips,…
Market update ·
Zooming in on positioning. Bitcoin Cash is a tell. Bitcoin Cash trades at 241.99 with the weakest funding backdrop on the board: funding is soft, with a z-score of -2.2, and open interest is steady. The price is pinned in the 241.8 - 242.3…
Market update ·
Let's stress-test the rebuilding OI. Open interest is ticking higher in the biggest names, even as prices drift lower. Traders are stepping in, but the whole tape is still red this hour. If price starts to stabilize while OI builds, watch…
Market update ·
Finally, don't sleep on Cardano for volatility: Cardano comes in as the second most volatile name, seven-day vol at 84.68 percent with steady 24-hour action at 62 percent. Structure's clean, reclaim is positive, but it's pressing 0.17…
Market update ·
For volatility, Uniswap steals the show: Uniswap is the most volatile coin this morning. Seven-day realized vol is 88.22 percent and even hotter on the last 24 hours at 97.81 percent. Price is compressed under 3.40 resistance, so it's…
Market update ·
On the positioning front, eyes on Sui: Sui's open interest is down 1.23 percent in the past hour, an unusually big drop for this name. Price is steady at 0.727, right in that inside-bar zone. The tape's choppy; if Sui loses 0.72, that's…
Market update ·
Let's get granular with Avalanche: Avalanche is the strongest move on the board, up 4.07 percent for the day, and it's added another 1.68 percent just in the last hour. Price is pressing right against 6.64 after reclaiming the 6.60 zone,…
Market update ·
And for Uniswap, the outlier: Uniswap's the only major winner on the day, but the board's last price is 3.303 and it's pulled back from earlier highs. Despite the uptrend, price action is stalled, 3.30 to 3.40 is balanced, not directional…
Market update ·
On the volatility front: Cardano is the most active name, with realized volatility at 86.39 over 7 days, the highest for any tracked coin. Price is 0.1688, tracking just under resistance at 0.1691 after a sharp selloff. Failed bounce…
Market update ·
Here's where things get complicated: Some of the bigger one-day losers still carried negative funding on the board, even as price action stayed weak. That split in stress conditions leaves both sides exposed if momentum swings sharply the…
Market update ·
Finally, to the majors: Bitcoin's at the quiet end. Bitcoin's 7-day realized volatility is 40.8, the lowest across tracked names. It's stuck in a 63,130.42 range, boxed between the high-63,000s pivot and long-term bands at 70,000 above and…
Market update ·
Switching to volatility, here's Cardano, the most volatile major on the board. Cardano posted the highest 7-day realized volatility at 86.57 and sits at 0.1797. It's rangy, and with ADA down -2.34 percent on today's board, that volatility…
