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Ethereum Traders Just Flipped Bullish, But History Says This Is a Major Red Flag


by Chayanika Deka
for CryptoPotato
Ethereum Traders Just Flipped Bullish, But History Says This Is a Major Red Flag

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Ethereum traders have swung sharply from extreme bearishness to extreme bullishness within just a few days, based on social media sentiment.

But fresh data suggest that when ETH nearly rebounded to $3,500 on Thursday, the crowd interpreted the move as a confirmation that the asset was “back in business.”

Read the article at CryptoPotato

In This News

Coins

$ 1.86K

-6.78%

$ 0.00...361

$ 0.00132

$ 0.0467

+4.30%

$ 1.46K


Share:

In This News

Coins

$ 1.86K

-6.78%

$ 0.00...361

$ 0.00132

$ 0.0467

+4.30%

$ 1.46K


Share:

Read More

The $6.1M Wallet: Inside LinkedIn Founder Reid Hoffman’s Ethereum Holdings

The $6.1M Wallet: Inside LinkedIn Founder Reid Hoffman’s Ethereum Holdings

Former PayPal colleagues split strategies, as Hoffman goes long on Ethereum while Mus...
Buterin Offloads ETH, Bitcoin Unable to Push Past $70K, XRP Spot Buying Increases: This Week’s Crypto Recap

Buterin Offloads ETH, Bitcoin Unable to Push Past $70K, XRP Spot Buying Increases: This Week’s Crypto Recap

It’s been a relatively dynamic week within the cryptocurrency industry. The total mar...

Ethereum Traders Just Flipped Bullish, But History Says This Is a Major Red Flag


by Chayanika Deka
for CryptoPotato
Ethereum Traders Just Flipped Bullish, But History Says This Is a Major Red Flag

Share:

Ethereum traders have swung sharply from extreme bearishness to extreme bullishness within just a few days, based on social media sentiment.

But fresh data suggest that when ETH nearly rebounded to $3,500 on Thursday, the crowd interpreted the move as a confirmation that the asset was “back in business.”

Read the article at CryptoPotato

In This News

Coins

$ 1.86K

-6.78%

$ 0.00...361

$ 0.00132

$ 0.0467

+4.30%

$ 1.46K


Share:

In This News

Coins

$ 1.86K

-6.78%

$ 0.00...361

$ 0.00132

$ 0.0467

+4.30%

$ 1.46K


Share:

Read More

The $6.1M Wallet: Inside LinkedIn Founder Reid Hoffman’s Ethereum Holdings

The $6.1M Wallet: Inside LinkedIn Founder Reid Hoffman’s Ethereum Holdings

Former PayPal colleagues split strategies, as Hoffman goes long on Ethereum while Mus...
Buterin Offloads ETH, Bitcoin Unable to Push Past $70K, XRP Spot Buying Increases: This Week’s Crypto Recap

Buterin Offloads ETH, Bitcoin Unable to Push Past $70K, XRP Spot Buying Increases: This Week’s Crypto Recap

It’s been a relatively dynamic week within the cryptocurrency industry. The total mar...