Precio de Magic EdenME

Last night I dreamt that Donald Trump deployed me as Head of the US Crypto Committee. However in this dream I got fired after 2 days because they decided to not go the crypto route. I hope this dream was not a bad sign for crypto 🤣

Important zone on $MAV – Follow me for regular charts.

Ten toes down still on my route I switch lanes in a brand new coupe Talk of my name What does he do I ain't flip packs just pay my dues Better don't say jack, level my crew Damn its been a minute so it better go through Put me in a spot when the moments due Put me in box where

🪙Bitcoin Update⚪️ 🟢As you know, trading volume is generally low on Saturdays and Sundays, and we probably shouldn't expect any major moves from $BTC . 🔵Bitcoin's recent moves seem to be in line with the Wyckoff Accumulation Pattern, which currently suggests that Bitcoin has completed the TEST phase. Do you agree with me? (Note: The Spring part may NOT form in the Wyckoff accumulation pattern). ⚪️On the other hand, $BTC broke through the resistance line, although this break or breakthrough did not happen with high momentum, but it is generally a good sign. (The low momentum or volume of the break could be due to the weekend).

Overall Trend Analysis The charts primarily focus on fund flow analysis for the PI/USDT trading pair. This means we're looking at the volume of buy and sell orders to gauge market sentiment and potential price movement. Key Observations: Dominance of Large Orders: The largest volume of both buy and sell orders comes from the "Large" category. This indicates that significant players (whales, institutions) are driving the market for PI/USDT. Sell-Side Pressure: The "Large" sell orders (18.07M) are slightly higher than the "Large" buy orders (16.81M). This suggests some selling pressure from larger holders. Small Order Sell Bias: Small sell orders (671.56K) significantly outweigh small buy orders (408.58K), indicating potential retail investor profit-taking or a lack of confidence in the short term. 5-Day Net Inflow Negative: The 5-day large order net inflow is negative (-25248804). This implies that over the past 5 days, large sell orders have significantly exceeded large buy orders, suggesting a bearish trend. 24-Hour Net Inflow Positive but Volatile: The 24-hour net inflow shows positive values in the last 24 hours, but there's significant volatility. This could indicate short-term buying interest but with uncertainty. Where Do the Remaining Orders Go? The "remaining" orders after the deduction of buy and sell don't "go" anywhere in a physical sense. Instead, they are reflected in the price movement of PI/USDT. Here's how it works: Order Book Matching: When you place a buy or sell order, it goes into the exchange's order book. The exchange's matching engine tries to find a corresponding order (sell for buy, buy for sell) at the same price. Price Impact: If there are more buy orders than sell orders at a given price, the price tends to rise as buyers compete to get their orders filled. Conversely, if there are more sell orders than buy orders, the price tends to fall. Unfilled Orders: Any unfilled portion of your order remains in the order book until it's either filled or canceled. Market Makers: Market makers play a crucial role in providing liquidity by placing both buy and sell orders. They profit from the spread (the difference between the buy and sell price). In the context of the charts: The net inflow (buy minus sell) reflects the overall buying or selling pressure. A negative net inflow (like the 5-day) means there's more selling, pushing the price down. A positive net inflow (like parts of the 24-hour) means there's more buying, potentially pushing the price up. Important Note: Fund flow analysis is just one piece of the puzzle. It's essential to consider other factors like technical analysis, news sentiment, and overall market conditions when making trading decisions. disclaimer : don't agree with me do your investment at your own research and risk.