By: M. ~ this update is for educational purposes only and not financial advice
Cycle Meter: 🟢🟢🟢🟢🟢🟢🟢⚪⚪⚪ 7/10 (Late-Mid Phase)
Institutional capital is active. Retail entry is still light.
Structure remains strong, but we haven’t entered full euphoria yet.
This phase often includes sharp pullbacks, shakeouts, and second-chance entries before final expansion.
| Metric | Value | 24H Trend | Notes |
|---|---|---|---|
| BTC Price | 🟢 $108,720 | 🟢 -0.05% | Holding key support after Jackson Hole pump/dump. Still rangebound |
| Total 3 | 🔴 $3.71T | 🔴 0.54% | Minor alt push. Some rotation showing as BTC cools |
| BTC Dominance | 🟢 57.94% | 🟢 +0.34% | Lost ground to alts. Testing support near 58% |
| BTC Open Interest | 🔴 $197.04B | 🔴 +1.65% | Pullback shows traders stepped back after pump. |
| BTC Funding Rate | 🟢 -0.0082% | 🟢 +32.3% | Longs paying up. Caution: rising risk of squeeze. |
| 24 Hr Liquidations | 🔴 $58.64M | 🔴 23.0% | Low volatility day, No major wipeouts. |
| Longs/Shorts | 47.59% / 52.41% | 🔘 neutral | Balanced positioning. Slight short bias. |
| Fear & Greed | 🔴 48 | 🔘 neutral | Sideways sentiment, No strong conviction yet. |
Bitcoin spent the week moving sideways after the Jackson Hole drop, holding above $109K but struggling to break past resistance near $113K. Price is trapped in a tight range, and there’s not much conviction from either side right now. Bulls need a strong reclaim of $115K or higher to shift momentum, but for now, it’s a waiting game.
BTC dominance slipped below 58%, hinting at some rotation into altcoins. A few names showed signs of life, but the move looks like short-term relief, not a full shift in trend. The overall crypto market cap is still stuck in the same zone, with no real breakout from either BTC or alts.
Open interest dropped, showing some traders stepped back, but funding rates spiked — meaning those still in are leaning heavily long. That mix often leads to choppy conditions or shakeouts before any real move happens.
Outside of crypto, recession worries are back in focus. The jobs market is softening, and everyone’s watching this week’s unemployment and inflation data. Meanwhile, gold is pushing higher — a classic sign that people are getting cautious.
Overall, the market feels unsure. There’s pressure building, but no clear direction yet. Until we get a breakout or breakdown, it’s chop and patience.