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Trader Sentiment (01/01/2024)

Tekk by Tekk
January 1, 2024
in Trader Sentiment
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Trader Bullishness Score: 75 (10.3% 24h Δ)


Let’s dive into the ct traders’ market outlook over the past 24h.

@Bluntz_Capital is eyeing a potential accumulation phase on $SOL, suggesting that a sideways market could precede the next surge in value.

@Crypto_Chase considers retests near $2000 for $ETH a buy opportunity, indicating a bullish outlook on the asset for the short term.

@crypto_iso seems cautiously optimistic, suggesting that if $ETH breaks above $2260, it could ascend into the $2800 zone.

@SalsaTekila expresses a strong bullish stance, uninterested in shorting and focused on buying the dips, while exuding confidence in a bull market.

@Bluntz_Capital believes, unless $BTC loses support at 40.5k, the market will likely consolidate before moving upward rather than experiencing a further drop, hinting at a bullish sentiment with expectations of a forthcoming uptrend.

@LomahCrypto displays humor regarding language barriers in market communications, which indicates a more lighthearted engagement with market dynamics.

@Pool2Paulie gives a nod to storage assets, suggesting there’s an appeal in that sector right now, while also humorously commenting on market dynamics with small positions running hard.

@trader1sz is actively managing trades, going long on $RSR and $PYR, ready to cut if certain supports break, showing an engaged and active trading strategy with readiness to pivot if necessary.

Overall, the prevailing sentiment among ct traders seems to be cautious optimism, with a leaning towards bullish scenarios as many are looking to buy dips, and are preparing for potential upward movements in the market. Their strategies appear tactically responsive to market dynamics with a sharp focus on key price levels and indicators.



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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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