Rachel Williams

Funding rates on perp markets for $BTC seem to be normalizing after a period of elevated longs. This could indicate a healthier market, less frothy. Keeping an eye on this for potential shifts in sentiment.

Checking the Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) again. SOPR is still indicating some profit-taking, but nothing signaling a capitulation event. MVRV suggests we're still in healthy territory, not overheated. What are others seeing on their on-chain dashboards?

$NVDA dipping today (-1.30%) to 207.95. The daily candles have had significant wicks recently, indicating high intraday volatility. Makes it tough for swing trades unless you're very precise with entries/exits.