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Trader Sentiment (08/18/2024)

Tekk by Tekk
August 18, 2024
in Trader Sentiment
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Trader Bullishness Score: 65 (-13.3% 24h Δ)


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

@CryptoDonAlt seems fucking amused by the ETH market, not surprised by the recent price action and is looking for an upturn, while mocking the “ETHtards”.

@Etherean007 shows a bullish sign, scooping up more ETH and telling the bears to fuck off.

@RunnerXBT points out the oddity of BTC’s price action moving sideways despite a surge in open interest, indicating a potent move might be imminent, and also hints at a good-looking bank account, maybe suggesting recent trades went well.

@deltaxbt jokes about the pretentious nature of Ethereum, but also previously noted how shit-talking .eth holders could be a bullish signal.

@trader1sz has a bullish take on SOL, preparing for a wakeup in its market, while he’s eyeing an interesting week for EURUSD, probably hinting at potential volatility.

@SalsaTekila keeps it simple, stating the fucking obvious that prices will go up eventually, advocating patience for traders.

@Awawat_Trades finds the low funding rates noteworthy, likely hinting at a lack of short-term bullish conviction in the market.

These sentiments overall suggest a mix of cautious optimism, with traders looking for confirmation of market direction and taking jabs at the overly bearish or bullish crowds.



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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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