The Coin Daily
Individual stories from Market Update.
Market update ·
Turning to Dogecoin, watching for conviction behind the bounce. Dogecoin rallied 11.92 percent in the last day, with open interest jumping 26.12 percent, the biggest build in the cohort. Funding is also up at 11.62 percent annualized, so…
Market update ·
TAO stands alone as the biggest outlier. TAO closed the last session at 318.94 dollars, up 18.53 percent for the day and 26.15 percent over the last 48 hours. The trend is still technically down, but today's move is a clear break from…
Market update ·
Finally, the board's top technical outlier: TAO-USD lines up as a 'setup name', up 5.81 percent on the day and holding a tight 0.74 basis point spread. It's sticking to its range, trading just under resistance at 271.02 dollars, with 265…
Market update ·
Avalanche stands out for volatility: Avalanche posted the board's highest volatility expansion, at the 96th percentile versus its own past. Price closed at 11.224 dollars, up 32.48 percent across the displayed 48-hour window. It's ranging…
Market update ·
Volatility spike to watch. Uniswap: Uniswap just saw its noisiest trading day in recent memory. Volatility is the highest it's been in months, and while the coin didn't move much (down -2.15 percent), the range is heating up. Price is…
Market update ·
Now positioning, with Avalanche: Avalanche saw the biggest increase in new positions out of any coin, open interest jumped 23.47 percent in 24 hours, alongside a strong price gain of 15.58 percent. Funding rates are elevated, so there's…
Market update ·
One standout for edge this morning: ONDO's setup. ONDO lost 3.99 percent over the last four hours but is up 3.10 percent on the day. It's in a downward-trending regime but has tight execution and clear levels at 0.40101 dollars…
Market update ·
The next name with major positioning shifts is NEAR: NEAR saw the largest jump in open interest, up 41.55 percent in 24 hours, with a 29.41 percent price gain. Funding is running hot at 15.87 percent annualized, so the crowd is paying up…
Market update ·
Let's zoom in on ARB, the standout mover: ARB is up 29.21 percent today, the biggest outlier. It's holding inside a range, but price is pressing right against resistance at 0.215 dollars, last trade was 0.21339 dollars. If it pushes…
Market update ·
NEAR stands out for strength and momentum. NEAR-USD surged 14.51 percent in a single session. It's holding an upward trend with low spreads and solid momentum, now trading at 2.6896. Watch 2.65 as the nearest support and 2.7358 overhead as…
Market update ·
Arbitrum's positioning is worth a second look: Open interest surged 22.4 percent over the last 24 hours, by far the biggest build in the cohort, alongside a +14.19 percent price jump. Funding's slightly negative at -0.14 percent…
Market update ·
Uniswap also set itself apart as an outlier. Our morning read shows Uniswap up 5.68 percent with firm action, despite the wider market weakness. Price nudged up to 6.6483 dollars, that's just under resistance at 6.75 dollars and right at,…
Market update ·
NEAR takes the outlier spot for volatility. NEAR's volatility just hit its highest reading in months, sitting in the top fifth of its own history. It closed the session up 4.16 percent, but the overall trend is still soft to down. Price is…
Market update ·
Drilling in, Bitcoin Cash stands out for tension between price and positioning. Bitcoin Cash slipped 1.16 percent in the last 48 hours and is sitting just above its active support at 221.75 dollars. Price is stuck in a range, but open…
Market update ·
Finally, on ZEC: ZEC stands out as the cleanest current setup: up 3.86 percent over four hours, but still down -0.80 percent for the day. It's sitting just above support at 1126.69, resistance up at 1191.6. There's a bit of firmness in the…
Market update ·
Turning to the outlier: NEAR. NEAR-USD is the most volatile name on the board this morning, with 80th-percentile volatility, so moves here are mattering more. Price firmed up 3.56 percent in two days and it's hugging support at 2.4326.…
Market update ·
On positioning, check PUMP: PUMP saw open interest drop by -8.34 percent in 24 hours, with price also sliding -4.11 percent. That's traders pulling capital fast, even as funding tilts positive. No real trend here: the tape is flat, stuck…
Market update ·
Looking at TAO: TAO's price rose just 0.22 percent over the last two days while open interest (the number of active contracts) ticked up. Prices, though, are stuck in a range with resistance at 235 and support at 232.06. The tape is soft…
Market update ·
Volatility spotlight. Polkadot: Polkadot's the most volatile name on the board, trading at the 95th percentile of its own history. Price dropped 11.81 percent over two days and is now at 1.016 dollars, just skimming above support at 1.003…
Market update ·
Solana is the main technical setup: Solana slipped by 0.20 percent on the day and 0.34 percent over the last four hours, soft, but still inside its recent range. Price last at 101.41 dollars, sitting just above near-term support at 101.09…
Market update ·
Last, a quick note on another big mover: PUMP. PUMP lost 6.07 percent on the day, nearly 12 percent across the last two sessions. It's in a ranging regime just like Polkadot, sitting right under resistance at 0.00355 dollars and above…
Market update ·
The tape's wildest name: Polkadot again. Polkadot is the most volatile major now, vol at the 95th percentile of its own history. Price slid over 5 percent just in the last two trading days; sharp moves around key levels could trigger more…
Market update ·
Back to Polkadot, this is where the extremes are today. Polkadot dropped nearly 10 percent over the last 24 hours, with open interest plunging by 15.5 percent. A lot of traders have cleared out, and volatility is among the highest on the…
Market update ·
One last watch name: Bitcoin Cash took a bigger hit than most: Bitcoin Cash is down -9.13 percent on the day, sliding from 258.71 to 226.77, with active support at 225 and resistance just overhead at 226.82. Funding is sharply negative:…
