CoFo Lab Market Overview: Volatility Reduction
BTC accumulated. Altcoins declined as longs unloaded.
CoFo Scout
BTC
Dominant direction: Short
Dominance Rate: 7% of 100%
Dominance on timeframes: 62% of 100%
ETH
Dominant direction: Long
Dominance Rate: 19% of 100%
Dominance on timeframes: 82% of 100%
HFT
Dominant direction: Long
Dominance Rate: 32% of 100%
Dominance on timeframes: 100% of 100%
DOT
Dominant direction: Long
Dominance Rate: 39% of 100%
Dominance on timeframes: 100% of 100%
Long domination but mixed timeframes and weak signals.
Assets and Charts
On BTC, local accumulation buyer-seller confrontations continue. No significant price zones reached.
Altcoins clearly seller-dominated, with continued declines over recent days, excluding some assets.
Notable Situations
Yesterday's expected SUI growth justified initially before morning seller reversal downward.
Watching HFT and DOT with highest long CoFo Scout dominances and timeline syncs now.
In summary: Weak long dominance, mixed directions, BTC local accumulation, altcoin declines, uncertainty persists.
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