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Ethereum
is seeing an 8-month high level of new wallets created. With an average of 130.2K addresses newly popping up on the network every day so far in December, ETH is seeing renewed interest it hasn't seen since April.
#ETHÂ
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ETH
1Â 795,52
+2.19%
775
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đ€ Bitcoin's unexpected breakout has flipped the script for the crypto community. Data shows a surge in optimism from the crowd as $BTC rebounded above $95K for the first time since February. As for the level of greed being measured across social media, this is the highest spike in bullish (vs. bearish) posts since the night Trump was elected on November 5, 2024. Look for a flat performing crypto weekend, or mild retrace, as signals to retail traders who may want to take profit. If they sell here because they think we are seeing a top, whales would likely scoop up those coins and potentially push Bitcoin above $100K in the next 1-2 weeks. The crowd's level of greed vs. fear is very likely going to influence whether a local top forms (because the crowd gets too greedy), or if crypto can continue to decouple from the S&P 500 (because the crowd tries to prematurely take profit). Monitor the gold bars (representing greed vs. fear) here, and see what others in crypto can't during this crucial moment:
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đ€ Bitcoin's unexpected breakout has flipped the script for the crypto community. Data shows a surge in optimism from the crowd as $BTC rebounded above $95K for the first time since February. As for the level of greed being measured across social media, this is the highest spike in bullish (vs. bearish) posts since the night Trump was elected on November 5, 2024. Look for a flat performing crypto weekend, or mild retrace, as signals to retail traders who may want to take profit. If they sell here because they think we are seeing a top, whales would likely scoop up those coins and potentially push Bitcoin above $100K in the next 1-2 weeks. The crowd's level of greed vs. fear is very likely going to influence whether a local top forms, or if crypto can continue to decouple from the S&P 500. Monitor the gold bars (representing greed vs. fear) here:
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đ§âđ» Here are crypto's top Real World Assets (RWA's) by development. Directional indicators represent each project's ranking rise or fall since last month: âĄïž 1) @chainlink $LINK đ„ đ 2) @avax $AVAX đ„ đ 3) @iota $IOTA đ„ đ 4) @hedera $HBAR đ 5) @chia_project $XCH đ 6) @axelar $AXL đ 7) @injective $INJ đ 8) @vechainofficial $VET đ 9) @centrifuge $CFG đ 10) @daomaker $MKR đ§ Read about the @santimentfeed methodology for pulling github activity data from project repositories, and why it is so useful for crypto trading:
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đ As Bitcoin has recovered as high as $95.8K today, we are seeing the highest week of net inflows to $BTC ETF's since the week before Trump's inauguration in mid-January. Institutions like Blackrock have played a large part in the crypto-wide bounce traders were waiting for. đ
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đșBitcoin has just surged above $95K for the first time in 2 months, leaving bearish traders kicking themselves for selling on tariff fears. We are LIVE on our This Week in Crypto stream to discuss the key crypto indicators to watch! New link! Join us here now:
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