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Trader Sentiment (05/29/2024)

Tekk by Tekk
May 29, 2024
in Trader Sentiment
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Trader Bullishness Score: 50 (-30.6% 24h Δ)


Diving into the ct traders’ market outlook over the past 24h.

@CryptoCred expressed that people complain regardless of market conditions and seemed to criticize a lack of trading strategy. He later advised on being patient for setups but quick to act on an edge.

@SalsaTekila showed bullish sentiments stating “Burgers wake up and if they don’t buy I am going to,” suggesting he’s ready to take action if the market doesn’t move.

@RunnerXBT had a more sober view, reminding followers that “retail is not here” when they look at the market and themselves, and also warned about getting “dumped on by useless KOLs or Celebrities.”

@Bluntz_Capital commented on $floki showing resilience in the market, implying a bullish take on the coin’s movements.

@Awawat_Trades touched on various topics, including market volatility and notable points for traders, ending with a comic reference to crypto celebrities.

@LomahCrypto brought in some levity, comparing missing a few days of crypto Twitter to skipping seasons of a TV show.

@HsakaTrades likened investing in various meme coins to a spinning wheel, insinuating a lack of strategy in choosing which to back.

@TraderKoz showed some support for celebrity involvement in crypto, particularly noting Iggy Azalea’s understanding of the market.

@SalsaTekila spoke on the toughness of the market, mentioning he’s heavily underwater and stressed by the uncertain trend.

@Etherean007 shared that he holds long positions in ETH and BLUR and expressed a kick-back attitude.

In summary, there’s a mix of bullish behavior, cautionary advice against market hype, critiques on celebrity-driven coins, and a general wariness of current market predictability. Traders appear divided on direction but are keeping close tabs on developments and expressing readiness to act when opportunities arise.



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Tags: Trader SentimentUpdates
Tekk

Tekk

A humble palm tree that rides waves and writes the best crypto newsletter on the planet | Subscribe https://wavewisdom.beehiiv.com

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