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Trader Sentiment (12/07/2023)

Tekk by Tekk
December 7, 2023
in Trader Sentiment
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Trader Bullishness Score: 88 (35.4% 24h Δ)


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

@Bluntz_Capital highlighted a potential 100% move with $SUI, suggesting a strong bullish phase is coming. They also noted a bullish continuation pattern on the daily for $ETH and $ETHBTC, indicating a positive market direction.

@CryptoKaleo echoed the bullish sentiment, predicting another leg up for $FLOKI based on $BONK’s performance and noting $BONK’s continuous establishment of new all-time highs.

@RunnerXBT seemed to share an optimistic stance, noting that ETHBTC’s performance influenced even the Nasdaq and sarcastically commenting on the performance of gaming coins in the ARB ecosystem.

@RektProof boasted about successful trades with $OP, showing a bullish outlook as they anticipate further gains for the asset.

@RookieXBT suggested that trading patterns are reflecting a bull market atmosphere and teased possibly sharing charts again.

@Tradermayne expressed bullishness on $ETH and shared a sense of excitement about market movements, though he also touched on FOMO and the overwhelming number of trading opportunities in the space.

@Pentosh1, though maintaining a bullish take on ETH, remained more cautious regarding the possibility of a new $BTC ETF, indicating that market reaction remains uncertain.

@Crypto_Chase presented a dichotomy in market sentiment, noting that some traders are starting to short $BTC, while most are cashing in profits — suggesting a division between expectations of a correction and new all-time highs.

The overall sentiment among these ct traders tends to be bullish, with a focus on specific altcoins and sectors showing strong performance, albeit with a few cautious voices not yet wholly convinced of an unobstructed upward trajectory.



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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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