In the past, whenever the Blave market direction index showed a high bullish sentiment... it basically meant that the market had entered an overheated stage 🔥, so be careful not to chase the highs!
The mainstream/altcoin index is approaching the 0.9 level, indicating that mainstream coins are performing strongly. Next, you can pay attention to whether there will be a rotation to altcoins, and to find trading opportunities in altcoins, you can use the coin selection tool or let AI help you choose!
💡 For example... you can directly ask Blave AI which cryptocurrencies are currently strong (or suitable for long positions) or weak based on the current market data, and the results are as follows: $ZEC $DOT are strong coins, while $GHST $MILK are weak coins.
With AI tools, you can quickly identify your preferred trading cryptocurrencies, or even further inquire about detailed data...
➡️ Give it a try
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Of course, if you are already familiar with some alpha data, you can use filters to screen targets yourself:
1️⃣ If you want to find coins that whales are obviously bullish/bearish on, you can filter by chip concentration and changes;
2️⃣ If you want to find coins with strong/weak performance, you can screen for abnormal price movements;
3️⃣ If you want to find overheated/overcooled coins, you can look for them through market sentiment, OI imbalance, and funding rates;
Just give it a try... there are so many strategies and uses!
To effectively use the filters, you first need to understand the principles and characteristics of each data point, and these academies have them all👉🏻
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