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Trader Sentiment (12/17/2023)

Tekk by Tekk
December 17, 2023
in Trader Sentiment
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Trader Bullishness Score: 65 (12.1% 24h Δ)


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

@Bluntz_Capital observed some alts showing resilience despite broader market volatility, citing $MAV’s strong weekend uptick and $DYDX’s wedge breakout. However, he also signaled that $SOL might enter a ranging period after failing to sustain its breakout, killing his leveraged longs but sticking with spot holdings.

@SalsaTekila hinted at a potential cycle stage where overhyped “meme” coins pump hardest, possibly preluding significant gains in established coins like Bitcoin, eyeing a $90k target. He also expressed frustration over a missing trade position on Binance, questioning the platform’s reliability.

@crypto_iso’s postings suggest a focus on long-term cycle reading, eyeing games in capital rotation and emotions, and perceiving current opportunities as asymmetric with a need for patience. He highlighted liquidity trading as fun while placing higher value on the insights gained from relationships and market cycles.

@CryptoKaleo questioned the logic behind the sustainable meta of inscriptions on EVM, while @CryptoParadyme and @Pool2Paulie shared retweets revealing sentiments of market timing and cautious trading posture.

Overall, a nuanced blend of cautious optimism and strategic patience seems to envelop many ct traders’ current market evaluations, with select altcoins garnering focused bullish sentiment amidst broader chop.



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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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