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2. Confirmation of Breakouts: Confirm breakouts using methods like the close filter (price remains beyond breakout level at close). Point/percent filters or time filters can also help confirm the breakout.

GOODDD MORNING TO EVERYONE IT ISN’T MORNING TO RIGHT NOW BUT STILL CONSISTENTLY PRETENDS LIKE IT IS WHEN THE US WAKES UP AND SAYS GOOD MORNING

Despite TVL soaring 500%, OM’s collapse highlights the danger of relying on TVL as a sole metric—liquidity concentration and speculative valuations remain key risks. Bitcoin’s resilience amid DeFi volatility reinforces its role as a market anchor, with macro trends likely to guide its next major move. Following a previous CNF post highlighting Mantra’s investigation into the potential exchange role in the sudden OM token crash, further data from DeFiLlama confirms a surprising turn of events. This surge occurred concurrently with a staggering 90% drop in OM’s price, which fell to as low as $0.43 during the weekend. In a surprising development, Mantra’s decentralized finance (DeFi) platform experienced a dramatic divergence between its total value locked (TVL) and the price of its native token, OM. As of April 15, 2025, Mantra’s TVL skyrocketed by over 500% to approximately 4.21 million OM (around $3.24 million). In this article, we will look at what this pattern means: Firstly, the Mantra team attributed this price collapse to “reckless forced liquidations” initiated by centralized exchanges. Despite the sharp decline, some investors viewed the downturn as a buying opportunity, with reports of $35 million worth of OM purchases during the crash—indicating belief in the platform’s long-term potential. Secondly, while the increase in TVL might suggest growing confidence in Mantra’s ecosystem, a closer examination reveals potential vulnerabilities. Notably, approximately 97% of the TVL is concentrated in Mantra Swap, the platform’s native decentralized exchange. This heavy reliance on a single application raises concerns about the protocol’s diversification and resilience. Furthermore, Mantra’s fully diluted valuation (FDV) stands at a hefty $1.88 billion, vastly overshadowing its actual TVL. This disparity suggests a disconnect between the token’s market valuation and its real-world utility, potentially signaling speculative overvaluation and raising questions about the platform’s capital efficiency. Third, the Mantra episode underscores the complexities and risks inherent in the DeFi space, where metrics like TVL can sometimes paint an incomplete picture of a platform’s health. It serves as a reminder for investors to conduct thorough due diligence, considering both quantitative metrics and qualitative factors. Lastly, amid these developments , Bitcoin (BTC), the leading cryptocurrency, is trading at approximately $83,405.50, surging by 7.17% in the past seven days. Despite recent market fluctuations, BTC has shown resilience, maintaining its position as a bellwether for the broader crypto market. That being said, analysts continue to monitor macroeconomic indicators and regulatory developments that could influence Bitcoin’s trajectory in the coming months. See BTC price chart below for further comprehensive BTC past and present price.

XRP leads the ETF race with 10 filings, strong U.S. exchange volume, and top-tier liquidity, outpacing SOL and DOGE in institutional readiness. With legal clarity and rising adoption, XRP is gaining serious momentum as the most likely next altcoin ETF to be approved. After the successful rollout of spot Bitcoin and Ethereum ETFs in the U.S., crypto watchers are eagerly asking: which altcoin is next? According to the last XRP ETF Race Heats Up, CNF previously reported that Franklin Templeton filed with the SEC. According to data and insights from Kaiko, a leading crypto market research firm, XRP appears to be ahead of the pack—and possibly closer to ETF approval than other contenders like Solana (SOL), Dogecoin (DOGE), or Litecoin (LTC). Kaiko’s recent analysis reveals that XRP has ten active ETF filings—more than double that of Solana, which currently has five, and significantly ahead of Dogecoin and Litecoin, which each have three. This wave of institutional interest places XRP squarely in the spotlight. Specifically, Kaiko addressed XRP with: XRP is quite different; it doesn’t have an active futures market—for now—and its volume is heavily concentrated offshore. However, its share of spot volume on U.S. exchanges recently climbed to its highest level since before the SEC’s 2021 lawsuit prompted widespread delistings. According to the report, a key metric working in XRP’s favor is its “1% market depth”—a measure of how much liquidity exists within 1% of the current price. Among major altcoins, XRP leads in this category on centralized exchanges. High liquidity not only reassures regulators but also ensures smoother ETF operations, reducing price volatility due to large inflows or outflows. Kaiko also noted that by the end of 2024, XRP’s overall market strength outperformed Solana and even doubled Cardano’s performance—another sign that the asset is maturing quickly in the eyes of institutions. Overall, XRP is holding strong gains for April. Its performance continues to reflect growing investor confidence as ETF approval looks increasingly within reach—especially compared to Solana and Dogecoin. Following this, as CNF recently updated , REX Shares’ filings for XRP, Solana, and Dogecoin ETFs signal a bold step in expanding crypto investment options. As of now, XRP is trading at $2.07 USD, reflecting a 3.70% drop over the past day and an increase of 15.16% over the past week. With institutional support rising and legal uncertainties behind it, XRP might just be the next breakout ETF success story line throughout the years. See XRP price chart below:

$SOL | H4 & H12 Seeing such a chart it should screams to you - NO FUCKING BUSINESS BELOW THE H12 RANGE LOW if we want to stay bullish on those time frames. H4 swept the H4 and the H12 FVG and this is weak HTF trigger for long. Ideally looking for something like this - to take our most of the bullish POIs.