Will Crypto's Rebound Last? (TWIC August 8th) https://x.com/ | SantimentFeed na Binance Square

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Will Crypto's Rebound Last? (TWIC August 8th) https://x.com/i/broadcasts/1BdGYEpeEbXGX

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🧐 Altcoins to watch as cryptocurrency continues to enjoy its strong rebound include Decentraland, The Graph, and Aave. Each of these top 100 market caps are seeing significant short ratios on Binance, implying liquidations would lead to big price jumps.

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📊 Despite Bitcoin's slight dip ($57.3K) and Ethereum's bigger dip ($2.3K) over the past week, altcoins have begun to rally once again. Crowd FUD has played a big factor in many of these projects rebounding with little resistance. Top weekly performers include: 📈 @fellazxyz $FLZ +23% 📈 @fantomfdn $FTM +21% 📈 @fetch_ai $FET +20% 📈 @dfinity $ICP +15% 📈 @suinetwork $SUI +15% 📈 @optimism $OP +15% 📈 @toncoin $TON +15%

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📺 The US Presidential debate, combined with a positive CPI report, has led to falling crypto markets doing a complete 180. Our latest video covers the highlights from a tumultuous past 24 hours, and what's next! https://www.youtube.com/watch?v=WGIR_Fyt8YI

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🐳 Cryptocurrency's whale transactions have seen a noticeable drop-off since mid-August 🪙 Bitcoin: -33.6% drop in $100K+ transfers since March/April peak 🪙 Ethereum: -72.5% drop in $100K+ transfers since March/April peak This isn't necessarily a bearish signal. Whales can be equally active during a bull or bear market. But this does indicate that large key stakeholders continue to bide their time as they wait to make their next moves during times of extreme crowd greed or extreme fear. The crowd has been very reactive to mid-sized swings since BTC's all-time high 6 months ago. Based on sentiment patterns, a return to $70K would likely come with major crowd FOMO, and $45K would likely lead to major FUD.

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🤔🇺🇸 Did Tuesday's US debate between Donald Trump and Kamala Harris change your perspective on the trajectory of crypto markets? In the comments, please drop your take on why you believe one candidate will be more or less favorable for the future of cryptocurrency.

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