Trader Bullishness Score: 35 (-46.2% 24h Δ)
Let’s dive into the ct traders’ market outlook over the past 24h.
@CryptoKaleo expects one more market drop to shake out the weak hands before a proper bullish run commences.
@Crypto_Chase seems to share a bearish sentiment, predicting more downsides and expressing a desire to escape $ETH holdings on a small bounce. He also voices caution, emphasizing the importance of risk management and not wiping out on significant market moves.
@Trader_Xo highlights the importance of understanding before executing trades and casts a critical eye toward long positions on $ETH, suggesting looking for strength on the ETHBTC chart first.
@LomahCrypto underscores the success factors for traders, focusing on downside management and the ability to adapt to new information, while also lamenting the need for pullbacks to buy and joking about needing a job due to market conditions.
@TraderKoz expresses some frustration, having closed a position for a minor gain and later reflecting on advice about Cuban’s (@cubantobacco) bands as indicators of market overextension.
@CryptoParadyme hammers the psychological warfare aspect, insinuating that big players are trying to induce fear to wash out retail traders, and stresses the utility of VWAP closes as a strategic decision tool.
@SalsaTekila seems prepared to reevaluate trading strategies below 63k, indicating a cautious and adaptable approach.
The overall sentiment among these traders is one of cautious bearishness, with a strong emphasis on strategic thinking and risk management amid challenging market conditions. The vibe is to stay sharp, not get emotionally baited by market swings, and to keep a clear head for strategic entries and exits.
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