Market update ·
Key levels
Before we go, the levels that matter today. Uniswap-USD is holding above 4.45; this is your main line in the sand. Avalanche-USD is hovering right at 6.45, watch for action if it breaks above or below.
The Coin Daily
Markets
Individual stories from Market Update.
Market update ·
UNI-USD combines a four-hour return of +0.29%, a one-day return of +12.79%, a quoted spread of 2.22 basis points; that mix makes it the cohort's leading current analytical setup without implying what happens next.
One last setup worth highlighting: Uniswap remains the most analytically interesting name: up 0.29 percent in the last four hours, up 12.79 percent for the day, and trading with a tight spread. The 4.5 level is the pivot, lose it, and…
Market update ·
XRP-USD had the cohort's deepest supplied volatility compression at the 6.6th percentile of its same-symbol history.
Flipping to the quiet tape: XRP just posted its lowest realized volatility in the cohort, sitting at the 6.6th percentile of its history, about as calm as this coin gets. Price is little changed, with last trade at 1.0828, just above the…
Market update ·
AVAX-USD had the largest absolute 24-hour open-interest change at +39.46%, alongside a one-day price return of +0.00%.
Positioning flags an oddity in Avalanche: Avalanche open interest just jumped 39.46 percent in the past day, a big move for a coin that didn't budge in price. Funding's leaning negative at -2.47 percent annualized. That means some are…
Market update ·
UNI-USD was another one-day cohort outlier at +12.79%.
Uniswap's run deserves a closer look: Uniswap was the outlier, clocking a one-day gain of 12.79 percent. It's now just over the 4.5 level, with the board showing support at 4.5 and next resistance at 4.5192. Volatility is higher than…
Market update ·
XRP-USD had the cohort's deepest supplied volatility compression at the 7.7th percentile of its same-symbol history.
XRP is the compression story: XRP's volatility is at the 7.7th percentile, this is the quietest stretch for XRP in recent context, despite a 1.99 percent gain. Price is pinned at 1.0892, sitting inside a very tight intraday band from…
Market update ·
BTC-USD had the largest absolute 24-hour open-interest change at +21.05%, alongside a one-day price return of +1.61%.
Bitcoin on positioning: Open interest in Bitcoin jumped 21.05 percent in 24 hours, while price only climbed 1.61 percent. Funding is at 6.49 percent annualized, indicating some bias to the long side but not a crowded trade. When open…
Market update ·
UNI-USD was another one-day cohort outlier at +12.47%.
On Uniswap specifically: Uniswap-USD jumped 12.47 percent over the last day, easily the day's wildest name among bigger coins. Last trade is 4.461. Active support sits at 4.2727, with resistance overhead at 4.55. A sharp run like this can…
Market update ·
BTC sits at the quiet end of the tape. At $64,328.96, 7-day realized volatility is 27.14 with the lowest cross-sectional rank flagged here at 14 and a -1.86 z-score; 24-hour realized volatility is 31.70, and its volatility percentile is 10.61.
Meanwhile, Bitcoin is the quiet end of the board, not the spot for fireworks. Bitcoin trades at 64,359, showing the lowest 7-day realized volatility of any major right now, at just 27.14. Even the 24-hour read is quiet at 31.70. It's…
Market update ·
UNI remains the clearest volatility standout. At $3.83, 7-day realized volatility is 70.80, the highest cross-sectionally, with a rank of 1 and a 2.21 z-score; 24-hour realized volatility is 81.53, and its volatility percentile is 40.00 versus its own history.
Uniswap is also where the volatility is, if you want action, that's the name. Uniswap has the highest 7-day realized volatility on the board at 70.80, and 24-hour vol is even higher at 81.53. It's the noisiest major out there right now,…
Market update ·
UNI also stands out on positioning: at $3.83, funding is -0.000056280277245984095, a 2.05-sigma negative deviation versus its own baseline, alongside $227,310,618.18609375 in open interest.
Uniswap is notable for its positioning and crowded action. Uniswap is at 3.83, with funding firmly negative at -7.58 percent annualized, well below its baseline. Open interest stands at 224.5 million dollars. Positioning is notable, but…
Market update ·
ADA is the session's strongest 1-day mover. At $0.16, it is up 5.44% on the day, ranking 1st in the universe with a 2.48 z-score; that comes with a 0.80% 1-hour gain even as the 7-day move remains -3.74%.
Cardano's move stands out, but its setup is crowded near the key level. Cardano trades at 0.1644, up 5.44 percent on the day. It's the strongest move in the group, with support at 0.16433 dollars and resistance at 0.1648 dollars. That…
Market update ·
Key levels
Before we go, the levels that matter today. Levels to watch: Uniswap is sitting right at 3.711, the boundary of its recent range. Polkadot's still camped at 0.766, a move outside 0.765 or 0.775 gets interesting. Bitcoin is hovering at…
Market update ·
BTC at 63456.9 sat at the calm end of the cross-section, with 7-day realized volatility at 26.06, a -1.68 cross-sectional z-score, and the lowest-volatility rank in the universe at 14.
And for perspective, Bitcoin is the quiet end of the risk spectrum today. Bitcoin is rangebound and calm, holding the lowest-volatility rank in the universe at 14. Price is sitting near 63474, with support at 63469 and resistance at 63488.…
Market update ·
DOT also saw open interest contract, with 1-hour open-interest change at -1.04% and a -2.1 z-score on the same 115907119.96760552 open-interest base.
One more angle on Polkadot before we move on. Polkadot's open interest actually fell about 1 percent in the last hour, showing some traders are stepping out after the funding turned more negative. Price hasn't escaped the 0.765-0.775 range…
Market update ·
UNI at 3.71 remained the clearest volatility standout in the set, with 7-day realized volatility at 67.63 and the top cross-sectional rank, while 24-hour realized volatility was 73.32.
If you're looking for real action, Uniswap is the tape's outlier. Uniswap is comfortably the most volatile coin on the board right now, 7-day realized volatility at 67.63, spiking to 73.32 over 24 hours. It's got a clear trending_down…
Market update ·
DOT at 0.77 showed a pronounced negative funding skew, with funding at -0.000211 and a -2.45 z-score versus its own history, against 115907119.96760552 in open interest.
Drilling in, Polkadot stands out in the positioning data. Polkadot is showing pronounced negative funding, annualized at -23.02 percent, and open interest stacked at 117.4 million. The crowd is leaning short at these levels, but price is…
Market update ·
Several names still showed positive funding despite deep 1-day drawdowns.
With that backdrop, funding tells its own story. Even after yesterday's sharp drop, aggregate funding is still running at -3.48% annualized. That points to a market leaning short here, with stress still high if this weakness extends.
Market update ·
UNI was the clearest volatility standout. At $3.90, its 7-day realized volatility was 67.72, the highest in the universe, with a cross-sectional z-score of 2.19; 24-hour realized volatility was 93.69.
Uniswap stands out, but for a different reason. Uniswap was the clearest volatility standout, with 24-hour realized volatility at 93.69. On this chart, the last price is 3.895$, sitting between support at 3.893$ and resistance at 3.8973$.…
Market update ·
AAVE was the top 1-day mover in the set. At $100.62, it was up 7.82% on the day and 12.85% over 7 days, while the latest 1-hour move was a more modest 0.20%; its 1-day return ranked first cross-sectionally with a z-score of 2.02.
Zooming in on Aave. Aave is a strong name this morning, and on this chart the last price is 100.74$. It's trading just above support at 100.68$ and below resistance at 100.92$. That leaves it in a tight near-term range, so the next signal…
Market update ·
BCH showed a negative funding extreme relative to its own history. At 209.76, funding was -0.000041, a -2.21 z-score, with 199890689.03 in open interest.
Funding wrinkle in Bitcoin Cash: Bitcoin Cash isn't moving much today, with a near-flat ret_1d of -0.2762%. Funding is negative and stands at a -2.21 z-score, marking a rare low versus its history. The current price is 209.99, just below…
Market update ·
UNI was the volatility standout. At 3.652, its 7-day realized volatility was 59.65, highest in the universe, with a 1.97 cross-sectional z-score; 24-hour realized volatility was 32.24.
Uniswap is the most volatile this session: Uniswap's 7-day realized volatility is 59.65, the highest on the board. It's trading at 3.661, bracketed by support at 3.6523 and resistance right overhead at 3.6652. The range is clear and it's…
Market update ·
AVAX also showed a notable derivatives build, with open interest up 1.75% in the past hour to 220668248.04, a 2.68 z-score move versus its own baseline.
Derivatives setup for Avalanche: Open interest on Avalanche jumped 1.75 percent this hour to 220,668,248.04, with 11.71 percent growth over 24 hours. Funding is positive at 10.94 percent annualized. The move is not overcrowded, but this…
Market update ·
AVAX stood out on returns, trading at 6.8 after an 8.8% 1-day rise, the strongest in the universe, while also up 0.29% on the hour and 3.5% over 7 days.
Spotlight on Avalanche: Avalanche is the clear outlier for strength, up 8.64 percent on the day, sitting at 6.79 and holding near its high. But price is boxed in: resistance comes in at 6.8, with support at 6.78. If 6.8 breaks, that's the…