Absurd that the glass mode TH-cam channel has 25k subscribers. Yet again people don't want to watch videos that aren't flashy they're missing out. Keep up the amazing work over there!
@@bailly1897 Exactly! I literally wait every week for the newsletter/video - I'm just shocked at how little attention is given to onchain analysis when arguably it's way more important than simply raw technical analysis. A few hidden gem TH-cam channels and this is one of them for sure.
Not only is this information invaluable - the commentary is excellent. Emphasising in all the right places and maintaining interest throughout. Somehow, making even myself understand precisely what is happening - and why.
This is such an amazing video!!! OMG… such a clean breath of fresh air…. Please keep serving this up!! So understandable with no crazy bias… THANK YOU!!!
One of the most informative videos ever I have watched on a youtube. Great job, looking forward for such a knowledgeable Onchain Analysis in upcoming weeks.
Wow! I can't believe how much useful information got to my mind in just a few minutes. On-chain data is the best way to analyze market in the big picture. Great job👍
I LOVE LISTENING TO THIS DUDE, This guy has always been on point with his anaylsis, when he says I feel, you have got to take note as his "feeling" has always been correct at least since I started following him around 3 months ago. Grateful for TXMC.
LOL - I was noting the same thing about his feelings. translate "I feel" = "based on thorough analyses - that most analysts don't even dream of- I reached the conclusion that..."
Always amazing data thank you, I really appeciate it, great way to tell the story and even better way to explain for non financial profesonals people, all this accompained with a great voice. Cheers!
Absolutely incredible content. One of the best videos on crypto I have watched in some time. Thanks for this valuable info. I am a great fan of your work.
I ve been in the space for five years and i have to say that You provide The Most Valuable Information i ever found . THANK YOU for your wonderfull Work !
Awesome presentation! Thank you. It would be great if there was a course of sorts with study material and testing of proficiency to aid in learning how to understand all of this data rich content.
First time watching this series and I find it quite interesting. Please, is there any books or materials we could further read to better read and understand these data sets ? Other than the academy
Great update and thank you, I was sitting on the edge of my seat waiting for this 🥴😜 people always want to hear 100x videos not realising what’s happening on the backend… @TXMC your analysis has been spot on 🤯🤯🤯
This weekly update session regarding indepth onchain analysis is really amazing and all your team efforts are highly appreciated for educating the masses totally through your videos. One recommendation is that please do make short individual videos for your every separate graph that is available on glassnode paid membership, so that individual can get an idea which specific value insights they will get once they signed up for your paid membership programs. It's a win win situation for both sides, you will get your highly targeted (interested) audience and also the audience will get the real insights of what's these individual graph means in onchain analysis. Although you have made some videos in the past in this channel like HODL Waves, NUPL etc. and those are really helpful and encourage my interests in onchain analysis study. Keep up the good work! 👏
Let's see how is it going this Q1 with the dormant flow, looks interesting, the failed spike on coin destroyed might was a sell opportunity that didn't happened, a big offer/bid but sellers decided not to transact.. they now have to wait for a next opportunity .. prices are below their important mean values and demand haven't increased much.. the fact that open interest is high have been always a good bullish sign on futures markets, but volume is not preceding that. We can also think about few people with aggressive skin in the game holding positions and absorbing high risks that might last a while. As many investors are shifting to other alternatives, cheaper ones, with high liquidity. Thanks a lot for these great insights hope to keep learning. Cheers mates!!
Thanks for yet another great analysis. From the OI you conclude that many are short. If this is true, how would you explain that the long to short ratio on Binance is at 2.4
great info , im just starting to follow on chain analysis, something you can't get from chart analysis alone, I look at these charts alone and I Gert lost. you make look easy. thanks again I will continue to follow and look forward to your next video
There's still many longs entering on this down trend, don't be fooled expecting a huge short squeeze. Look at funding rates, it's still positive even with this down trend
That's what I thought, with funding rates mostly positive throughout this down trend I'd think people are longing probably with low leverage. TXMC please let us know. Thanks
Quick clarification on open interest peaking: could this new high instead of being short traders be longs who have not hit their limit order? It could paint the picture that rather than heavy open shorts expecting further price decline, price action would be quickly swept up by longs. Although this is too heavy into noise, it would be like how we saw a quick candle into 39K that rebounded.
To assess market players behavior isn’t it easier just to see volumes of shorts and longs? I saw this information is available - open interest by strike.
Thanks for sharing your analysis, they are an imensely important contribution to our space. I am wondering, how would you accont for BTC, that is moved from an exchange account or spot wallet, into a leverage platform and used there as collateral/lost due to liquidation?
I listened to this review again and came to conclusion that both on-chain metrics (price bottoming) as well as traders behavior analysis (shorts dominance) suggest that the price will go up and the shorts squeeze is coming…
Absurd that the glass mode TH-cam channel has 25k subscribers. Yet again people don't want to watch videos that aren't flashy they're missing out. Keep up the amazing work over there!
Always suprises me, In my opinion it is the most important video I wait for every week!
It's the TH-cam algorithm. It doesn't show a "boring" video to people because people are more likely to click on the clickbait, flashy videos
@@bailly1897 Exactly! I literally wait every week for the newsletter/video - I'm just shocked at how little attention is given to onchain analysis when arguably it's way more important than simply raw technical analysis. A few hidden gem TH-cam channels and this is one of them for sure.
how high the probability this will ever really change? "follow the majority and youll stay in the dark" - gotta love em
thank god! let keep this our secret from the herd. 🐑😂
Every week I'm blown away by how this content is free... Absolutely invaluable
Not only is this information invaluable - the commentary is excellent. Emphasising in all the right places and maintaining interest throughout. Somehow, making even myself understand precisely what is happening - and why.
i agree
Love it when this person is speaking. Very clear and informative, thank you.
Thank you for the voice of reason, you guys are gold :)
Keep up the good work and see you next week.
Cheers
Awesome vid thanks!
Everyone talking bear market, nobody talking bear trap. One way to move the market up with no new money needed, time will tell
Excellent analysis - the most complex I've seen. Thank you for sharing!
This is such an amazing video!!! OMG… such a clean breath of fresh air…. Please keep serving this up!! So understandable with no crazy bias… THANK YOU!!!
Your explanations are very clear, some of the best I’ve seen so far on the web. Great job!
One of the most informative videos ever I have watched on a youtube. Great job, looking forward for such a knowledgeable Onchain Analysis in upcoming weeks.
This is pure gold. Thanks you GN 🙏🏽
Wow! I can't believe how much useful information got to my mind in just a few minutes.
On-chain data is the best way to analyze market in the big picture.
Great job👍
I LOVE LISTENING TO THIS DUDE, This guy has always been on point with his anaylsis, when he says I feel, you have got to take note as his "feeling" has always been correct at least since I started following him around 3 months ago. Grateful for TXMC.
LOL - I was noting the same thing about his feelings. translate "I feel" = "based on thorough analyses - that most analysts don't even dream of- I reached the conclusion that..."
And also when he says it stands to reason lol
Amazing content! Factual info makes your channel the best Crypto analysis content on TH-cam!
Bro this is hedge fund style analysis holy sh*t! Cheers! Incredible work by glassnode
Glad you liked it!
Awesome explanations . Wouldn’t be able to interpret the data the way you did. Huge respect! Thank you!
Glad it was helpful!
Always amazing data thank you, I really appeciate it, great way to tell the story and even better way to explain for non financial profesonals people, all this accompained with a great voice. Cheers!
A superb analysis of what's going on underneay the price action!! The best I've seen.
Love the basics descriptions. Even when I already know most of that info, it gives me time to process the previous points as well.
In-depth unbiased information, this is such great insight! Easily the best source out there, thanks
Amazing video TXMC 👏
The best bitcoin analysis I've seen so far!
Absolutely incredible content. One of the best videos on crypto I have watched in some time. Thanks for this valuable info. I am a great fan of your work.
This guy is great, let him continue doing the vids!
Great work. Very valuable. Keep it up, glassnode!
Extremely informative content. Thank you very much TXMC !
Great video. every week I wait for this content. but this week's narrative buildup is awesome.
I ve been in the space for five years and i have to say that You provide The Most Valuable Information i ever found . THANK YOU for your wonderfull Work !
You are very welcome!
Excellent analysis, data driven not emotion based opinion, very refreshing
Brilliant as always. One of the most important videos I watch each week. Essential viewing.
Premium alpha. Cheers glassnode
Thanks for the update.
Very helpful like always.
amazing how we can just get this analysis for free, thanks for sharing!
Our pleasure!
This was a great explanation of the on chain data...loved it...keep up the great work.
This analysis was great! I am still learning so great explanations about the different data sources! Thank you!
Glad it was helpful!
explains the data so clearly and smoothly. ty chad
Thank you very much and greetings from Italy. I follow this channel and your twitter accounts intensively and appreciate your work very much. Grazie
Fantastic analysis, thanks much for the clear insights!
Give this man a raise
Awesome presentation! Thank you. It would be great if there was a course of sorts with study material and testing of proficiency to aid in learning how to understand all of this data rich content.
Using the term "picobottom" was a nice touch
This is great for learning, easy to understand.
First time watching this series and I find it quite interesting. Please, is there any books or materials we could further read to better read and understand these data sets ? Other than the academy
Great update and thank you, I was sitting on the edge of my seat waiting for this 🥴😜 people always want to hear 100x videos not realising what’s happening on the backend… @TXMC your analysis has been spot on 🤯🤯🤯
Glad you enjoyed it!
@@glassnode I did indeed 🤓🧐
Great analysis. Big CPI print tomorrow. HODLers are bullish AF...☘️
Great great explanation! Thanks for the video!
Glad you enjoyed it!
Great video again, thanks!
Although would still like the audio a little louder if possible.
Thank you very much for this amazing technical video. Great stuff
This is the real stuff. Great commentary.
This weekly update session regarding indepth onchain analysis is really amazing and all your team efforts are highly appreciated for educating the masses totally through your videos.
One recommendation is that please do make short individual videos for your every separate graph that is available on glassnode paid membership, so that individual can get an idea which specific value insights they will get once they signed up for your paid membership programs. It's a win win situation for both sides, you will get your highly targeted (interested) audience and also the audience will get the real insights of what's these individual graph means in onchain analysis. Although you have made some videos in the past in this channel like HODL Waves, NUPL etc. and those are really helpful and encourage my interests in onchain analysis study.
Keep up the good work! 👏
Sound it's too low. Thanks for your videos!
Let's see how is it going this Q1 with the dormant flow, looks interesting, the failed spike on coin destroyed might was a sell opportunity that didn't happened, a big offer/bid but sellers decided not to transact.. they now have to wait for a next opportunity .. prices are below their important mean values and demand haven't increased much.. the fact that open interest is high have been always a good bullish sign on futures markets, but volume is not preceding that. We can also think about few people with aggressive skin in the game holding positions and absorbing high risks that might last a while. As many investors are shifting to other alternatives, cheaper ones, with high liquidity. Thanks a lot for these great insights hope to keep learning. Cheers mates!!
Very nice breakdown of price action ... great work! Love to see more!!!
More to come!
This bull market is unlike any other in the past, its way more complex. Thanks for the vid TXMC
Brilliant analysis, as always.
This is great content. In past videos, you have discussed the fact that miners are not releasing their coins. Is this still the case?
Great work!
Clear and useful explanation.
perfect presentation !
Thanks for yet another great analysis. From the OI you conclude that many are short. If this is true, how would you explain that the long to short ratio on Binance is at 2.4
full of values !! Thanks Man !!
great info , im just starting to follow on chain analysis, something you can't get from chart analysis alone, I look at these charts alone and I Gert lost. you make look easy. thanks again I will continue to follow and look forward to your next video
Awesome to hear you are getting into onchain. Glad you enjoyed the video!
Tks for a really patient and clear description.
AWESOME CONTENT GLAD I FOUND YOUR CHANNEL
thank you again. you are my main point of reference for bitcoin movement now. So thank you for all you do
Thanks!
That was excellent. Does the realized cap also show signs of a local bottom?
16:30 Binanace flat out bought 43,000 BTC during the dip
There's still many longs entering on this down trend, don't be fooled expecting a huge short squeeze. Look at funding rates, it's still positive even with this down trend
That's what I thought, with funding rates mostly positive throughout this down trend I'd think people are longing probably with low leverage. TXMC please let us know. Thanks
It is pure psychology. Most people bet long, a few bet short.
Excellent work. Thank you.
Great episod ! Thanks a lot
Is it possible to add some certainty to about OI whether it's long or shorts by using some other indicator and correlating with OI?
Public service yet again, thank you!
Incredible value!
That was great, Thx!!
Great value info! I've taken pages of notes
Excellent!
With the price dropping and leverage increasing that means participants are using leverage to short the market correct?
Great content!
Thank you
Amazing value here, wow
🙌
Amazing video !!
Awesome thank you 🙏🏻
This is Amazing work, How can you only have 25K Subs?
Quick clarification on open interest peaking: could this new high instead of being short traders be longs who have not hit their limit order? It could paint the picture that rather than heavy open shorts expecting further price decline, price action would be quickly swept up by longs.
Although this is too heavy into noise, it would be like how we saw a quick candle into 39K that rebounded.
great assessment... thanks!
love you guys
thx for this
I recognise that soothing voice
❤
am i at the wrong channel? haha, congrats mate
❤
If short positions have been increasing in the last couple of months why are funding rates still positive then? Still more longs than shorts, I assume
To assess market players behavior isn’t it easier just to see volumes of shorts and longs? I saw this information is available - open interest by strike.
I agree its time for a short squeeze possibly around end of month.
If all futures contracts have a short and a long side, how can there be more shorts then longs?
thanks a lot
You're welcome!
Thanks for sharing your analysis, they are an imensely important contribution to our space. I am wondering, how would you accont for BTC, that is moved from an exchange account or spot wallet, into a leverage platform and used there as collateral/lost due to liquidation?
under 39k long leverage needs a wipe before we move upward
Thanks for great analysis
Man these are so useful informations! Thank you so much
Outstanding analysis. Thanks!
I listened to this review again and came to conclusion that both on-chain metrics (price bottoming) as well as traders behavior analysis (shorts dominance) suggest that the price will go up and the shorts squeeze is coming…
I'm only just discovering this now?