Alarming figure on sentiment meter. 27 is not the correct reading as CMC shows. As per our calculations, it is 31. However, even 31 is alarming when apparently, nothing much negative is on the horizon. The reading is comparable to the days after the historic fall of LUNA & USTC. Why is that so? Is the crypto market growing less attractive to the investors? Are the major holders selling and will continue to sell? We will see during this eventful week which can show us fireworks any time!

Stay safe!