How significant are the transactions and new entities within crypto exchanges in comparison to onchain? I think most of retail is not exposed to the blockchain
Thanks for the video...very interesting as always. I have a question. You spent a fair bit of time looking at the 4 charts in regards to on chain analysis (10:10 to 15:00). And you ended by saying those are 4 charts to watch and see if there is a sustained rise or fall in the metrics. However when I look back at pretty much every major rise or fall in the on chain metrics from those 4 charts they all seem to follow the price action. For instance take the number of new entities chart. It rose significantly in January yet it did so after the major price rally. Or take the sell off in May of 21 and all charts had a major fall but after the price action had occurred. I don't see how waiting for a large rise or fall in any of those metics will be predictive in nature. It will just be confirming what has already happened to the price of BTC. Am I missing something?
So if there is a high amount of leverage in the system which could trigger a flush out and the funding rate is around 0%, we don’t really know in which direction it could go right ? Because the leverage is not overly proportional to one site ? Did I get that right ?
Funding rates are only part of the story, but you are mostly correct. We have seen funding and expiring futures basis get compressed, meaning there are lots of traders squeezing the remaining 'premium' out of all markets, which we see in high open interest. Tricky to analyse, but expecting volatility in either direction is sensible given these observations.
Good content. I would argue better than most on YT, including younger fellows like Will Clemente.. who coincidentally posted to Twitter some very similar geopolitical statistics regarding buy/sell pressure about an hour or two after his was posted.
Great graphs guys! Thanks for the information. Also thanks for shifting to a white background for those smaller charts :D
So far my favorite crypto channel!
HIt me up 👆
Dark mode or light mode I don't care, incredible content anyway. The geographical-zone analysis is absolutely brilliant.
HIt me up 👆
Best crypto channel around
love the deep dive into derivatives. Looks like we need to keep an eye on that for next bull
How significant are the transactions and new entities within crypto exchanges in comparison to onchain? I think most of retail is not exposed to the blockchain
does Onchain analysis account for institutional OTC trading?
Great video
great content, thank you
news without emotion 🔥
HIt me up 👆
thank you for the valuable insights. true market analysis, no noise and no hype.
HIt me up 👆
I can't believe I have missed you guys till now.. wow.. amaizing content. thank you so much!
HIt me up 👆
Thank you both the invaluable informed content, and the light mode.
Damn I luv this.
HIt me up 👆
Thanks for the video...very interesting as always. I have a question. You spent a fair bit of time looking at the 4 charts in regards to on chain analysis (10:10 to 15:00). And you ended by saying those are 4 charts to watch and see if there is a sustained rise or fall in the metrics. However when I look back at pretty much every major rise or fall in the on chain metrics from those 4 charts they all seem to follow the price action. For instance take the number of new entities chart. It rose significantly in January yet it did so after the major price rally. Or take the sell off in May of 21 and all charts had a major fall but after the price action had occurred. I don't see how waiting for a large rise or fall in any of those metics will be predictive in nature. It will just be confirming what has already happened to the price of BTC. Am I missing something?
Very interesting observation, Thanks for the information!
Your content is super interesting, thanks for sharing all the insights.
US mom, EU mom and Asian mom walk into a bar...
Take a vote. Surely more will vote for dark-mode.
Please. I have astigmatism and light mode causes me literal pain.
Great content and insight. Though I'm a noob I always listen in and each week it makes more sense to me.
So if there is a high amount of leverage in the system which could trigger a flush out and the funding rate is around 0%, we don’t really know in which direction it could go right ? Because the leverage is not overly proportional to one site ? Did I get that right ?
Funding rates are only part of the story, but you are mostly correct. We have seen funding and expiring futures basis get compressed, meaning there are lots of traders squeezing the remaining 'premium' out of all markets, which we see in high open interest. Tricky to analyse, but expecting volatility in either direction is sensible given these observations.
Good content. I would argue better than most on YT, including younger fellows like Will Clemente.. who coincidentally posted to Twitter some very similar geopolitical statistics regarding buy/sell pressure about an hour or two after his was posted.
3rd to like
HIt me up 👆
First to like! lol
Great content. Thx