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Trader Sentiment (06/17/2024)

Tekk by Tekk
June 17, 2024
in Trader Sentiment
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Trader Bullishness Score: 50 (-41.2% 24h Δ)


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

@SalsaTekila shared their observation of ETH showing strength and hinted at a bullish stance, suggesting that there’s still time to buy under $4k.

@Trader_XO highlighted a lack of confidence in the altcoin market structures for bullish continuation and decided to cut a position due to the overall downtrend since March highs.

@Crypto_Chase expects $SOL to test lower levels around $137, awaiting a “strong reclaim” before considering an entry for a potential bounce to $163.

@CryptoDonAlt reflected on the community’s harsh reactions to bearish posts and called for a more measured response, indicating an awareness of the negative sentiment in the market.

@CryptoParadyme seemed to imply a bearish sentiment by wishing “gn bull market dreamers” while discussing the potential of $8M in wealth management, later expressing skepticism about market direction.

@Tradermayne offered a differing viewpoint, underscoring the real-world value of $8M, signaling a more grounded perspective on wealth and market expectations.

@trader1sz kept it straightforward, sticking to their plan for BTC and ETH with no visible shift in market sentiment implied.

Overall, the ct traders’ views seem mixed, with some cautious bearish leanings and others maintaining a more bullish or pragmatic stance on market conditions. It’s a fucking mix-up out there with opinions scattered all over the place.



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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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