CryptoCurrents Sentiment & Narratives #7
We doom scroll so you don't have to.
Neutral to bearish sentiment on the timeline. LTC narrative something to watch. Many takes of “2024-2025” bullrun have popped up recently. I tend to agree.
🐦 twitter.com/0xchadfi
🐦 twitter.com/0xhotl
Sentiment
Updates
Tradermayne
https://www.tradingview.com/x/IjEtrjDt/
BTC short term heading up (May 17)
May 18 DXY bullish short term
https://twitter.com/Tradermayne/status/1658200095014391808?s=20
Previous: Looking for breakout from 27.4-27.8 range into 32k. Bias still to downside.
KeyboardMonkey
Short: target 24k/1600
https://twitter.com/KeyboardMonkey3/status/1658996041767694338?s=20
Previous Status: Shorts covered. Sike. Flipping between bearish and calling for no huge moves (+/-) this week.
Byzantine General
Neutral to bullish at 26k (May 17)
https://twitter.com/ByzGeneral/status/1658916579881492544?s=20
Previous Status: Still bullish based on Binance USDT/BTC order books.
Ansem
Mid term bearish ETH before bullish run starting in Dec 23. Interesting.
https://twitter.com/blknoiz06/status/1659071019271823361?s=20
Previous Status: Like others, generally tweeting neutral (could go up, could go down)
DonAlt
Stay neutral.
https://twitter.com/CryptoDonAlt/status/1658800772232953857?s=20
Previous Status: Bearish as long as we stay below 27.5 BTC
Tradersz
Targeting pump on DXY and dump on Bitty
https://twitter.com/trader1sz/status/1659155919182200834?s=20
https://twitter.com/trader1sz/status/1659147433698369537?s=20
CryptoCred
Similar sentiment, waiting for convincing close above ~27.6k
https://twitter.com/CryptoCred/status/1658911469113622528?s=20
Previous Status: “The argument we made last week - that the relative risk-to-reward of getting long into $30000 is unattractive for the time being - remains broadly intact.”
Fooo
wat mean
https://twitter.com/bitcoinpanda69/status/1658950048749608970?s=20
Previous Status: Hiatussy means possibly bearish.
Previous Status (unchanged)
DeFi Surfer
Previous Status: Follow the Fed. Likely bearish until money printer goes brrr.
Narrative
Spotlight: Litecoin
LTC halving coming soon
lrc-20 gaining traction
multiple traders mentioning it (gainzy, donalt, Byzantine General)
Updates
none
Previous Status (unchanged)
Hsaka
Bullish LDO.
Previous Status: The first domino of the prediction [BinanceUS winddown] has fallen [Binance Canada].
Degen Spartan
Previous Status: Still fudding his own bags.
TreeofAlpha
Previous Status: Bullish. Shitting on meme coiners dumping while Tether accumulates BTC.
Arthur
Previous Status: Calling for BTC rally in latest essay.
Light
Previous Status: Potentially bullish based on bank failures.
Top Alt Flows
https://www.chainedge.io
Note: notable is considered a $10k change in either direction in 1 day.
Ethereum
Notable Inflows
GALA, Wojak
Notable Outflows
COMP, Convex
BSC
Notable Inflows
ILCAPO
Notable Outflows
WSB token, enjinstarter
Arbitrum
Notable inflows
Heavy inflows on stables
Notable outflows
white lotus (?), stable outflows
Optimism
Inflows
Outflows
Polygon
No Notable inflows
No Notable outflows
Avalanche
No Notable inflows
No Notable outflows
Fantom
Inflows
OATH, ALCX
Outflows
Alchemix USD
Fees
https://defillama.com/fees
Notable fees
Gains network, up and to the right on TVL, while mcap has slumped. Fees have been a relatively straight line.
Radiant fees down nearly 1 month straight:
Previous Update: although not listed, GND would be in the top 25
Project Spotlight
Bug Finance
https://twitter.com/0xhotl/status/1657863209951567872?s=20
Hasta luego, ranchero del espacio.]
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