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Trader Sentiment (08/17/2024)

Tekk by Tekk
August 17, 2024
in Trader Sentiment
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Trader Bullishness Score: 75 (36.4% 24h Δ)


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

@TraderKoz sees bullish signals for Solana ($SOL) with negative funding suggesting a possible squeeze and technical factors that could lead to a price increase.

@Crypto_Chase updated on Bitcoin ($BTC), successfully taking profits at his second target of $59.7K and leaving a portion of his position open as a runner.

@CryptoParadyme shared some skepticism about Babylon BTC staking, recognizing its potential, but expressing concern about the involvement of shitcoins and whether it’s too good to be true.

@Awawat_Trades retweeted insights on Bitcoin’s performance, noting it consistently outperforms when regular trading hours are closed.

@deltaxbt’s tweets lacked direct market commentary, but he expressed a general sentiment of progress and readiness to tackle the day after a workout, using enthusiastic language.

@trader1sz provided a technical chart on $BTC, indicating a cautious approach by moving stops to break even, hinting at a strategic wait-and-see stance.

Overall, ct traders appear to be cautiously optimistic with bullish inclinations, practicing strategic trades, and expressing concerns over potentially overhyped mechanisms in the ct space.



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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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