CoFo Lab Market Review: Bullish Rally?
Bulls successfully seized initiative in the afternoon.
CoFo Scout
BTC
Dominant direction: Short
Dominance Rate: 5% of 100%
Dominance on timeframes: 60% of 100%
ETH
Dominant direction: Long
Dominance Rate: 20% of 100%
Dominance on timeframes: 85% of 100%
HFT
Dominant direction: Long
Dominance Rate: 32% of 100%
Dominance on timeframes: 100% of 100%
DOT
Dominant direction: Long
Dominance Rate: 37% of 100%
Dominance on timeframes: 100% of 100%
SUI
Dominant direction: Long
Dominance Rate: 36% of 100%
Dominance on timeframes: 90% of 100%
Short-term long dominance prevailed, reversing the morning picture. Rising timeframe indicators.
Assets and Charts
BTC traded locally flat. Buyers pressuring upper limits.
Many altcoins now balancing toward buys. Strong local buyers. Medium-term still downward corrections but significant rollback levels reached. Range top reactions will determine if momentum can continue.
Notable Situations
Watching HFT and SUI with highest long CoFo Scout dominances and timeline syncs.
In summary: Long dominance, weak long sync, local flat BTC, range top tests.
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