GateUser-13faf6d3

$BTC 3D BB squeeze reaching July 2025 levels before the pump from $108k to $123k

Approx 27K net taker spot sells on $ETH during NY session dump. There hasn't been much aggressive spot buying OI further unwinding Funding still just above neutral I hope I'm wrong but again, could just be an exit pump

$ETH PA just looks demented

$ETH 2D BB squeeze is beginning to expand slowly. This could be the bottom due to multi timeframe squeezes and mid range breaks but let's see

$ETH 1D, 2D, 3D, 6D open above multi year mid range (0.5, white)

$ETH 3D BB update: continuing to squeeze more. I don't want to get my hopes up but it's looking really good!

Similar situation with $BTC. Net taker spot buys as price moves up but order books showing ask delta, too. OI has dropped a bit though, which is good Funding is negative, meanings shorts pay longs And Coinbase premium is neutral/positive

I think there are still too many relief exit sellers on $ETH and $BTC. Possibly this move up is the exit pump. Also ugly 4H candle

$ETH has had approx \~18K net taker spot buys over the last 12 hours Orderbooks are showing ask delta (more rest g sell orders than buy orders) Funding still neutral but positive/green

$ETH has worked its way back up to multi year mid range (0.5, white) and 1D range high (0.0, green). Watching for how it'll react here, eg. higher lows up into resistance or not

$ETH keeps getting rejected hmmmm

$ETH aggregated spot Bid \& Ask Delta is showing clear ask delta, ie. resting sell orders outnumber buy orders within +/-10% of current price. It could just be relief exit sellers wanting to get out of their spot positions due to bearish PA but who knows

I forgot to mention it's the weekend now, so the PA will be uneventful. Will have to wait until Monday to reassess

$ETH I hope I'm wrong but I have a feeling this was just another exit pump to offload more spot. It also releases the pressure from the BB squeeze (reset) without a meaningful bullish move, as 4H, 6H and 12H BB squeezes have mostly completed

$ETH 12H and 1D continue in 'extreme' squeeze. 1D hasn't been this compressed since June 2024!

$BTC 12H, 1D, 2D in 'extreme' BB squeeze. Looks better prepped than even $ETH does

Look at all these dojis on $ETH. Just terrible PA.

$BTC showing net taker spot selling since the pump yday. It makes sense though. Market participants are exiting due to the shit price action