Monday's session kicked off with minimal market response from traditional volatility gauges—neither the broader VIX nor energy-focused OVX index showed anything noteworthy following the earlier Venezuela chatter. Worth parking that narrative for now.
On the crypto side, Bitcoin's momentum tells a different story. The leading digital asset has posted solid gains since OBV (On-Balance Volume) flipped back into bullish territory—marking its first sustained green reading since the recent pullback phase. This technical shift, while modest in the grand scheme, signals renewed accumulation interest at these levels. For traders watching on-chain metrics, it's worth monitoring whether this volume confirmation holds into the week's main trading sessions.
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TopBuyerBottomSeller
· 01-08 22:58
OBV turning green and starting to hype? The last time it was this optimistic, it got smashed down directly, haha
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GateUser-e87b21ee
· 01-06 15:46
OBV turns green and then starts to hype? Let's wait and see if it can hold up. Whether this rebound is reliable or not still needs to be tested over time.
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ImpermanentPhobia
· 01-06 15:45
OBV turning green and then getting excited? I'm watching it. Let's see if it can hold up this week.
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GhostChainLoyalist
· 01-06 15:33
OBV turning green and getting excited—this market really becomes harder and harder to understand...
Monday's session kicked off with minimal market response from traditional volatility gauges—neither the broader VIX nor energy-focused OVX index showed anything noteworthy following the earlier Venezuela chatter. Worth parking that narrative for now.
On the crypto side, Bitcoin's momentum tells a different story. The leading digital asset has posted solid gains since OBV (On-Balance Volume) flipped back into bullish territory—marking its first sustained green reading since the recent pullback phase. This technical shift, while modest in the grand scheme, signals renewed accumulation interest at these levels. For traders watching on-chain metrics, it's worth monitoring whether this volume confirmation holds into the week's main trading sessions.