Explosive momentum overbought the market. Overheating signs emerge.

CoFo Scout

BTC

Dominant direction: Short

Dominance Strength: 27% of 100%

Timeframe Dominance: 89% of 100%

ETH

Dominant direction: Short

Dominance Strength: 7% of 100%

Timeframe Dominance: 58% of 100%

HFT

Dominant direction: Long

Dominance Rate: 26% of 100%

Timeframe Dominance: 79% of 100%

SOL

Dominant direction: Short

Dominance Strength: 40% of 100%

Timeframe Dominance: 100% of 100%

BNB

Dominant direction: Short

Dominance Strength: 11% of 100%

Timeframe Dominance: 64% of 100%

Short-term and medium-term short dominance locally. Minimal timeframe sync, disparate signals.

Assets and Charts

Short-term overbought conditions accumulate. Possible consolidation ahead. Long signals persist. Longs require local or medium-term corrections to unload short-dominated higher timeframes first.

Global upward potential remains but current overheated market. BTC and alts are in sell zones, with reactions determining further direction and strength. Prices at key points.

Notable Situations

Watching SOL approach July 14 resistance. CoFo Scout notes strong dominance exceeding 35% interest threshold and full timeframe sync. Awaiting confirmation.

In summary: Short-term local short dominance, desynced, overheated market, corrective moves needed, prices at critical junctures.