Sentiment is neutral but leaning bearish. Some big players calling for nuke here. Narratives popping up around Apple warming up to blockchain (starting with STEPN x Apple Pay).
🐦 twitter.com/0xchadfi
🐦 twitter.com/0xhotl
Sentiment
Updates
Tradersz
A BOMB? (short ETH)
Previous: Targeting pump on DXY and dump on Bitty
DonAlt
Strong assumption. We chop through triangle and see either major upside or downside breakout. Key level remains ~27.4k. (second player saying nuke possible)
https://twitter.com/CryptoDonAlt/status/1661094070603620376?s=20
Previous Status: Stay neutral.
Tradermayne
Trolling. Likely undecided.
Previous: BTC short term heading up (May 17). May 18 DXY bullish short term.
KeyboardMonkey
Took profit on some shorts.
Previous Status: Short: target 24k/1600
DeFi Surfer
Lite bear poast.
https://twitter.com/DeFiSurfer808/status/1660416339696054276?s=20
Previous Status: Follow the Fed. Likely bearish until money printer goes brrr.
Ansem
Still bearish.
Previous Status: Mid term bearish ETH before bullish run starting in Dec 23. Interesting.
CryptoCred
Encouraging being sidelined without strong conviction
Previous: waiting for convincing close above ~27.6k
Fooo
Is this the return of the bull?
Previous Status: wat mean
Narrative
Spotlight: Litecoin (unchanged)
LTC halving coming soon
lrc-20 gaining traction
multiple traders mentioning it (gainzy, donalt, Byzantine General)
Updates
Byzantine General
Potential BTC decoupling.
Previous: Neutral to bullish at 26k (May 17)
Hsaka
Seems to have a bag of $RNDR, bullish on the VR/Metaverse narrative due to Apple integration, also noted that STEPN integrated Apple Pay…first of many blockchain games for Apple?
Bonus Take: China officially opening crypto trading to retail. Maybe this is the liquidity the bulls are hoping for (or maybe China retail already trades crypto kek).
Previous Status: The first domino of the prediction [BinanceUS winddown] has fallen [Binance Canada].
Degen Spartan
This supports last weeks Narrative insight. Long ahead before the bull kicks in 2024-2025.
Bonus Take: $MKR token is unsavable, even by H.E. Justin
Previous Status: Still fudding his own bags.
Previous Status (unchanged)
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 $10k+ change in either direction in 1 day (stable coins and majors excluded).
Ethereum
Notable Inflows
Psyop (lol), MRF, midwit
Notable Outflows
LBR, Turbo
BSC
No Notable Inflows
No Notable Outflows
Arbitrum
Notable inflows
ARB, Ghast
Notable outflows
Ramses
Optimism
No Notable Inflows
No Notable Outflows
Polygon
Notable inflows
LunaFi
No Notable outflows
Avalanche
No Notable inflows
No Notable outflows
Fantom
No Notable inflows
No Notable outflows
Fees
https://defillama.com/fees
Notable fees
Azuro murdering fees but revenue can’t keep up
Previous:
Gains network, up and to the right on TVL, while mcap has slumped. Fees have been a relatively straight line.
Radiant fees down nearly 1 month straight.
Project Spotlight
Synthetix ($SNX)
https://twitter.com/0xhotl/status/1659967519778828288?s=20
Hasta luego, ranchero del espacio.
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