CoFo Lab Market Overview: No Follow Through
Buyers attempt to seize initiative, but lack strength so far.
What clues does the Collective Forecast toolkit provide?
CoFo Scout
Let's check the Collective Forecast survey:
Key Metrics
BTC
Dominant direction: Short
Dominance Rate: 13% of 100%
Dominance on timeframes: 73% of 100%
ETH
Dominant direction: Long
Dominance Rate: 7% of 100%
Dominance on timeframes: 62% of 100%
HFT
Dominant direction: Long
Dominance Rate: 31% of 100%
Dominance on timeframes: 100% of 100%
SUI
Dominant direction: Long
Dominance Rate: 30% of 100%
Dominance on timeframes: 100% of 100%
Weak, mixed signals. No timeframe coordination.
Assets and Charts
A strong morning buyer emerged but bulls lack strength to establish dominance or break bearish structures yet.
BTC buyer-seller confrontation heating up. Bulls pushed above local accumulation range limits but no 4-hour consolidation as buyers remain inactive.
Altcoin parallel rises rather look like corrections to yesterday's drops.
Notable Situations
Watching HFT and SUI with highest long CoFo Scout dominances and timeline syncs.
In summary: Mixed dominance, timeframes, and insignificant signals. Failed upper range breakout attempt as buyers lack strength to dominate.
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