intepretations of funding & OI
https://docs.google.com/document/d/1r28jxY56JwTP0Wima0lcq9yEIg4SoD1KPeGl4XGy2h0/edit
#reads #tips
https://docs.google.com/document/d/1r28jxY56JwTP0Wima0lcq9yEIg4SoD1KPeGl4XGy2h0/edit
#reads #tips
Google Docs
@CRYPTOCRED FUNDING & OI
@CRYPTOCRED FUNDING & OPEN INTEREST Introduction Perpetual swaps trade a ton of volume and play a large part in Bitcoin/crypto price discovery Derivatives data, specifically funding rates on perps and OI, are great for providing short to medium-term context…
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these are extremely shitty candles which represents a lot of indecision in the market (doji w long wicks or candles w small bodies)
time rhythm trading - after slow moving indecisions by the market like these, the next move will be a quick explosive one. the closest example would be the indecision from 5th-7th aug leading to a quick drop before pumping up to weekly highs
if i have to guess.. i think maybe one more up move before further down? the reverse of the initial move after periods of indecision is more likely to be true
longs recently got flushed from the move down from weekly highs but OI has been stagnant since (also because its the weekend)
longs from 29k are still in the trade and i think we'll tag them eventually
i'm still holding my shorts but i think i might close them in profits and try to reshort at higher prices instead of round tripping my profits
time rhythm trading - after slow moving indecisions by the market like these, the next move will be a quick explosive one. the closest example would be the indecision from 5th-7th aug leading to a quick drop before pumping up to weekly highs
if i have to guess.. i think maybe one more up move before further down? the reverse of the initial move after periods of indecision is more likely to be true
longs recently got flushed from the move down from weekly highs but OI has been stagnant since (also because its the weekend)
longs from 29k are still in the trade and i think we'll tag them eventually
i'm still holding my shorts but i think i might close them in profits and try to reshort at higher prices instead of round tripping my profits
been using velo data for a bit and honestly quite happy with it esp w it being a free tool (for now as it is open beta)
the charts w OI and funding info were from velo and they have over 40 pairs to chart from + snapshot market overview datas
if you're keen you can check them out as well
if you're willing to sign up w my ref it would be greatly appreciated as well:
https://velodata.app/ref/5teb1wbt
happy sunday everyone!
the charts w OI and funding info were from velo and they have over 40 pairs to chart from + snapshot market overview datas
if you're keen you can check them out as well
if you're willing to sign up w my ref it would be greatly appreciated as well:
https://velodata.app/ref/5teb1wbt
happy sunday everyone!
new venom bridge
consider interacting for possible venom airdrop
using venom testnet funds anyw
i bridged from venom -> bsc
https://twitter.com/VenomBridge/status/1690671285326757889
consider interacting for possible venom airdrop
using venom testnet funds anyw
i bridged from venom -> bsc
https://twitter.com/VenomBridge/status/1690671285326757889
Crypto Mumbles
these are extremely shitty candles which represents a lot of indecision in the market (doji w long wicks or candles w small bodies) time rhythm trading - after slow moving indecisions by the market like these, the next move will be a quick explosive one.…
longs below local low tagged and liquidated quicker than i thought
https://twitter.com/byzgeneral/status/1690920006379356160?s=21&t=QnkSDWlH9wZvgS7kcIbgPA
https://twitter.com/byzgeneral/status/1690920006379356160?s=21&t=QnkSDWlH9wZvgS7kcIbgPA
Twitter
Damn, nice play tbh.
Someone clearly had a hunch that there were a lot of $BTC longs that could get tagged below the local low, and they were right.
Massive long liq volume, immediately bought up.
GG.
Someone clearly had a hunch that there were a lot of $BTC longs that could get tagged below the local low, and they were right.
Massive long liq volume, immediately bought up.
GG.
economics of rollups - understanding value flows in a mature rollup ecosystem
#reads rollup
https://davidecrapis.notion.site/Rollups-are-Real-Rollup-Economics-2-0-2516079f62a745b598133a101ba5a3de
#reads rollup
https://davidecrapis.notion.site/Rollups-are-Real-Rollup-Economics-2-0-2516079f62a745b598133a101ba5a3de
davidecrapis on Notion
Rollups are Real — Rollup Economics 2.0 | Notion
Thanks to Anders Elowsson, Barnabé Monnot, and Julian Ma for review and feedback.
decentralizing sequencer =/= slower protocol
https://twitter.com/toghrulmaharram/status/1690768323452043264?s=20
https://twitter.com/toghrulmaharram/status/1690768323452043264?s=20
Twitter
Sorry, but no.
Without Sequencer decentralization, your real-time censorship resistance guarantees are basically non-existent (unless you use delayed/threshold encryption, however, that is almost guaranteed to result in a greater overhead than say a classic…
Without Sequencer decentralization, your real-time censorship resistance guarantees are basically non-existent (unless you use delayed/threshold encryption, however, that is almost guaranteed to result in a greater overhead than say a classic…
Crypto Mumbles
$HMX another perp dex that is doing well potential contender in the space indirect holdings through $esHMX airdrop (blz) and HLP surge
HMX
i'm thinking indirect exposure might not be enough anymore
might be time to chase dips and hodl til next year
just a matter of when the first retrace is
i'll be happy to enter @ $8 - $10
i'm thinking indirect exposure might not be enough anymore
might be time to chase dips and hodl til next year
just a matter of when the first retrace is
i'll be happy to enter @ $8 - $10
Forwarded from unfolded. DeFi
Coca-Cola unveils ‘Masterpiece’ NFT collection on Ethereum Layer 2 Base — link
Crypto Mumbles
honestly idky but i have this feeling $CFX might pop soon holding support very well despite the current market environments and hasn't even wick down supposed "weak" swing lows waiting for change of character so i'm gonna slowly scale in a long
scaled in my longs to an average entry of ~0.179
pretty painful trade that took very long to play out + also i forgot to tp during the first pump so i had to hold and continue scaling in 🤡
market structure never lies
lfg $CFX
pretty painful trade that took very long to play out + also i forgot to tp during the first pump so i had to hold and continue scaling in 🤡
market structure never lies
lfg $CFX
Crypto Mumbles
these are extremely shitty candles which represents a lot of indecision in the market (doji w long wicks or candles w small bodies) time rhythm trading - after slow moving indecisions by the market like these, the next move will be a quick explosive one.…
time rhythm trading and how the reverse of the initial move after periods of indecision is more likely to be true
instead of up down we went down up
possible sweep of weekly highs (or higher) again?
not too sure but i'll just watch key levels for now
overall bias still short tho unless we cleanly reclaim 30.5k
instead of up down we went down up
possible sweep of weekly highs (or higher) again?
not too sure but i'll just watch key levels for now
overall bias still short tho unless we cleanly reclaim 30.5k
bought this NFT dackies on base cause i missed the mint
looks pretty meme worthy and might become an OG base collection
asymmetric risk
mint price 0.003e
current fp 0.008e
https://opensea.io/collection/dackieonbaseofficial
looks pretty meme worthy and might become an OG base collection
asymmetric risk
mint price 0.003e
current fp 0.008e
https://opensea.io/collection/dackieonbaseofficial
opensea.io
DackieOnBase 0.0005 ETH - Collection | OpenSea
DackieOnBase represents the power of unity and collaboration. These NFTs bring together dreamers and builders, reflecting the strength of community and the vibrant spirit of the DackieVerse. Collect, connect, and thrive with DackieOnBase!
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but tbh im not very good at NFTs so i might be a counter trade signal HAHAH
this collection minted out 20k within the hour so i'm just guessing here
anyw its pretty cheap so i bought the two dumbest looking ones off the floor
wish me luck
this collection minted out 20k within the hour so i'm just guessing here
anyw its pretty cheap so i bought the two dumbest looking ones off the floor
wish me luck
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