$FHE FOMOOOO๐Ÿค‘๐Ÿค‘

-The Money Flow Index has reached a record level (98) โ†’ A short-term correction is likely.

-The Accumulation Index has dropped to its lowest level since the last sideways phase โ†’ This is a notable signal.

-Volume has been growing well in recent days โ†’ This may mainly come from Futures activity rather than Spot buying.

-CVD Futures is showing the strongest increase โ†’ Whales are opening very large Long positions; only whales can push CVD up this aggressively โ†’ This could be a promising signal for Long setups.

-CVD Spot, however, is showing a slight decline, indicating some selling pressure from holders.

-Open Interest is rising only slightly โ†’ There are new positions, but not significant in size.

-The Long/Short ratio is showing a large number of short positions (0.84, in the red zone) โ†’ Most traders may be expecting FHE to drop.

The liquidation map is currently quite balanced.
โžก๏ธ Conclusion

Whales are opening large Long positions on Futures, while distributing on the Spot market.
In this phase, their priority is likely liquidating traders rather than pushing the price into a strong, sustainable uptrend โ€” mainly because there is no real Spot accumulation to support a long-term rally. $FHE #OnChainMetrics