The cryptocurrency market saw a 6% correction; this was necessary following weeks of price increases.

Excessively high funding rates, particularly those observed as Bitcoin neared $100,000, played a role in the correction. Despite the significance of the correction, it was considered healthy.

Significant inflows into both Bitcoin and Ethereum ETFs highlight growing institutional demand. Potential factors driving this demand include the carry trade and a possible supply shock spurred by increased institutional buying.

Importantly, Dogecoin's price movements have exhibited a consistent pattern since the U.S. election.

This pattern suggests that Dogecoin's price may be front-running the broader market. While a definitive correlation cannot be proven, Dogecoin's continued strong performance suggests a positive market outlook.

J-AI had a splendid week 1.

JAI garnered positive user feedback for its ease of use and ability to identify strong trading opportunities, especially within the Solana and Ethereum ecosystems.

Try J-AI today (no fee but minimum balances suggested for performance: https://bit.ly/Try_JAI_Onchain_Pod

The market sell-off offered good trade setups for Bitcoin, Ethereum, Solana, and Dogecoin while some coins, like AAVE, are still too hot for a good R:R.

Ben Lilly’s flow report analyzed trends across Bitcoin, Ethereum, and Solana.

For Bitcoin, ETF flows have been a major driver of demand for Bitcoin and the Coinbase premium has decreased recently, suggesting a possible slowdown in those flows.

For Ethereum, upcoming upgrades might add another roadblock to ETH’s price as the fee market expands beyond demand. On the positive side, Base continues to add strong demand to Ethereum and Ethena’s growth might create a supply shock in the coming month.

Solana's flow dynamics reveal a decline in activity on the Pump.Fun platform and its subsequent impact on fees and MEV yields. Solana's future will likely depend on the emergence of a new demand driver to take the place of the waning meme coin narrative.

Chapters

(00:00:00 ) Bitcoin Correction: Bull or Bear?

(00:06:50 ) ETF Inflows & Supply Shock

(00:17:47 ) JAI's First Week & User Feedback

(00:32:47 ) JAI's Valuation & Future Potential

(00:36:19 ) Bitcoin Trade Setup & Analysis

(00:49:58 ) Solana Trade Setup & Analysis

(00:52:48 ) Doge Trade Setup & Analysis

(00:59:35 ) Flow Report: Bitcoin Overview

(01:15:35 ) Flow Report: Ethereum Overview

(01:45:53 ) Flow Report: Solana Overview

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