DiveInDefi
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Totally agree. In the past, people bear posting has often proved to be a bottom signal.
Otherwise, with trump coin and all the shit, maybe its just time for another pain moment
Otherwise, with trump coin and all the shit, maybe its just time for another pain moment
DiveInDefi
Totally agree. In the past, people bear posting has often proved to be a bottom signal. Otherwise, with trump coin and all the shit, maybe its just time for another pain moment
That would be painful but shake out all the bears
Forwarded from CryptoQuant
Large investors are driving Bitcoin price gains since the US election.
Holdings grew from 16.2M to 16.4M BTC.
Meanwhile, small investors reduced theirs from 1.75M to 1.69M.
Explore our dashboard for all the insights.
@cryptoquant_official
Holdings grew from 16.2M to 16.4M BTC.
Meanwhile, small investors reduced theirs from 1.75M to 1.69M.
Explore our dashboard for all the insights.
@cryptoquant_official
DiveInDefi
$OTHERS still on this bullish pennant. Usually breaks out to the top. I will get bearish if we break below which would be a confirmed trend reversal. So far, it remains bullish.
I actually feel bearish as well. Many factors are critical.
However, I can only repeat myself: Everyone bear posting is usually good. I remember at 15k, many were calling for 12k.
Bearish sentiment creates extreme fomo when it turns around quickly.
And this is why I think this chart is very important. $OTHERS is every altcoin except TOP 10. The TA is clearly bullish here.
There are people accumulating. Always keep in mind: every sell is a buy. Every buy has no profit at current levels. It is weak hands to strong hands. Every buyer at this level will be in a loss if we go down from here.
However, I can only repeat myself: Everyone bear posting is usually good. I remember at 15k, many were calling for 12k.
Bearish sentiment creates extreme fomo when it turns around quickly.
And this is why I think this chart is very important. $OTHERS is every altcoin except TOP 10. The TA is clearly bullish here.
There are people accumulating. Always keep in mind: every sell is a buy. Every buy has no profit at current levels. It is weak hands to strong hands. Every buyer at this level will be in a loss if we go down from here.
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$TOTAL3 (excl. BTC & ETH) is also bullish at the current moment.