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Trader Sentiment (07/11/2024)

Tekk by Tekk
July 11, 2024
in Trader Sentiment
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Trader Bullishness Score: 35 (#N/A 24h Δ)


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

@Bluntz_Capital isn’t thrilled about the recent Bitcoin breakout getting nullified and suggests we might be sweeping the lows again. Clearly not a bullish signal.

@Crypto_Chase is avoiding putting resting orders ahead of the CPI release, indicating a cautious stance and a desire to wait for market clarity post-CPI.

@CryptoParadyme discusses ETF injection and legislative moves, hinting at strategic plays without a clear directional sentiment attached.

@CryptoDonAlt seems amused about market reactions to certain coins, giving the impression of taking a step back to observe the frenzy.

@TraderKoz points out potential Bitcoin trades after conducting a technical analysis, which shows he’s looking for articulate entry and exit points based on price movement.

@Crypto_Chase shares a speculative setup for Bitcoin that includes a fake-out rise followed by a major short, indicating a bearish tilt looking for confirmation.

@crypto_iso advises studying past consolidation periods and liquidity patterns, signaling a measured approach to upcoming market moves.

The overall sentiment from these bits feels cautiously bearish to strategic, with traders looking for clear signals and exhibiting a disciplined approach rather than blind bullishness.



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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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