Understanding market trends is crucial for any trader looking to maximize their gains and minimize losses. One effective way to identify the daily trend in the crypto market is by analyzing sector performance, a feature available on ERKEScan. This article will explore how to use this powerful tool to stay ahead in the fast-paced world of cryptocurrency trading.

What is Sector Performance?
Sector performance refers to the analysis of different segments within the crypto market, such as #DeFi (De

Open Interest (OI) is a critical but often underutilized metric in the world of #CryptoTrading. This #guide will help you understand what #Openinterest is, how to use it effectively, and how to combine it with other trading instruments to enhance your trading strategy and boost profitability.

What is Open Interest?
Open Interest represents the total number of outstanding derivative contracts, such as futures or options, that are currently open and active. It’s a measure of the flow of money in

This is Larry Williams, the trading legend who won the World Cup Trading Championships with an astonishing 11,276% return! How did he achieve such incredible results?

Let's break down his strategy:
Starting with Fundamentals
Larry emphasizes understanding market fundamentals to determine the direction and identify significant moves. His two main fundamental tools are:
1. Commitment of Traders Report (COT)

Larry pays close attention to two aspects of the COT report:
Large Trader Report: This re

Hey crypto enthusiasts! 🚀

I wanted to share this insightful chart that breaks down the path to #altseason. Let’s go through each phase and discuss how we can apply this understanding to our trading strategies.

Phase 1: $BTC
- Money Flow: The flow of money moves into #Bitcoin, causing price surges.

- Phase Overlap:
  - Money starts flowing into $ETH , but it struggles to keep up with Bitcoin.
  - Ethereum goes back and forth with Bitcoin and begins outperforming it.

Phase 2: Ethereum
- Mone

Hey everyone! 🚀
We came across this fascinating chart that outlines historical periods when it’s best to buy or sell assets. It got me thinking about how we can apply these principles to the crypto market. Let's dive in and discuss!

Understanding the Chart:
1. A. Years of Panic (Yellow Triangles)
   - Historically significant years marked by market panics.
   - Examples: 1927, 1945, 1965, 1981, 1999, 2019.
   - Crypto Insight: These periods might align with major corrections or bearish trends