😮 As crypto markets range, keep an eye on the FUD forming around Chainlink and Quant. Their 3-week price dips have made traders grow impatient. Markets typically move the opposite direction of the crowd's expectations, increasing the likelihood of $LINK & $QNT bouncing soon.

Grab your free 2-week trial to Sanbase PRO and enjoy all sorts of professional-grade trading tools & indicators. See what others in crypto can't.

🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

📈 1) DeFiChain $DFI 🥇

📈 2) Synthetix $SNX 🥈 (On Ethereum)

📈 3) Lido DAO $LDO 🥉

📈 4) Liquity $LQTY

📈 5) Liquity USD $LUSD

📈 6) Injective $INJ

📈 7) Uniswap $UNI (On Ethereum)

📈 8) Foxcoin $FOX

📈 9) Curve $CRV (On Ethereum)

📈 10) Curve $CRV (On Arbitrum)

Read about Santiment's methodology for covering development activity for over 4,000 projects.

📊 Bitcoin ETF outflows have been prevalent throughout April as a reaction to the tariff chaos and falling prices. But we may see a turning point of money returning this week on Trump's rumored rollbacks. Monitor inflow/outflow data for FREE.

👍 There has been an increased level of bullishness pouring in from the crypto crowd Monday. Ever since the (still not fully clarified) tariff exemptions announced over the weekend, Bitcoin in particular has had a flood of optimistic calls. This is the highest level of positive (vs. negative) commentary since the day before Trump announced tariffs.

Retail traders will always have a slight reactionary bias toward $BTC and altcoins after market caps swing a certain direction, so watch for FOMO & greed to take over if prices approach $90K this week.

🧑‍💻 Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:

➡️ 1) Solana $SOL 🥇

📈 2) Wormhole $W 🥈

📉 3) Pyth $PYTH 🥉

➡️ 4) Helium Mobile $MOBILE

➡️ 5) Helium $IOT

➡️ 6) Drift $DRIFT

➡️ 7) Neon $NEON

➡️ 8) Metaplex $MPLX

📈 9) Jito $JITO

📈 10) Swarms $SWARM

📖 Read about Santiment's methodology for covering development activity for each project, objectively, using enhanced github event data.

🤑 Donald Trump's "great time to buy" signal foreshadowed his 90-day pause on tariffs shortly after, and a massive market-wide turnaround. Today, crypto markets pulled back again as US/China trade war fears escalate. Our latest video breaks down the sentiment!

🐳🦈 Bitcoin's whales and sharks are growing in number, indicating a sudden shift after Trump implemented his 90-day tariff pause yesterday. Over the past day, +132 more 10+ $BTC wallets exist, indicating a higher level of confidence from crypto's key stakeholders.

💸 To the surprise of nobody, conversations across crypto social media are completely revolving around Trump's pause on tariffs. 10 out of 10 trending keywords are slight variations of the same topic that has rocked markets over the past 8 days.

🇺🇸 Wednesday was a shock to many, as Trump implemented a 90-day pause on all tariffs (excluding China). Markets saw a quick recovery, but more than two thirds of yesterday's gains have already evaporated as the reality has sunk in that no resolution has been made yet.

👀 Monitor the top trending key words to see what topics are driving markets on this Santiment dashboard.

🇺🇸📈 BREAKING: Donald Trump has just announced a 90-day pause on all tariffs, with the exception of China. This has resulted in immediate gains for cryptocurrencies and stock markets as traders FOMO back into markets.

This positive news (albeit a temporary alleviation to a still ongoing issue) follows a false 'buy the rumor, sell the news' event where there was a misreported tariff pause just 48 hours ago on Monday, and more disappointing news of USA's hike to 104% China tariffs on Tuesday.

Fundamentals remain very hazy and hard to rely upon, outside of the crowd's greed and fear working well as a counter-indicator. In these unprecedented times, the market's over reactive nature to any breaking tariff news is the signal to watch.

For the time being, traders who had been buying the dip over the past week have been handsomely rewarded:

📌 Bitcoin has rebounded to $82.6K

📌 Ethereum has rebounded to $1.65K

📌 S&P 500 is +8.1% on the day

📌 Nasdaq is +10.0% on the day

📊 Based on mid-term timeframes, average trading returns are now unsurprisingly showing 'Opportunity Zones' for the majority of altcoins. As tariffs have wreaked havoc on the crypto sector, the Santiment MVRV Divergence model shows that assets have racked up heavy enough realized losses to justify dip buys...

HOWEVER, cryptocurrency is an unprecedented and unique situation with global economic uncertainty looming. Just as we saw during the initial weeks of COVID-19, on-chain metrics can and will be defied as historic circumstances play out.

If and when a global tariff solution is reached, it would undoubtedly trigger a very rapid cryptocurrency recovery. However, this is currently a very big "if" based on the latest media coverage on what is quickly being referred to as a full-fledged "trade war" between the US and the majority of the world.

With your Sanbase PRO membership, you can make a copy of our MVRV Opportunity & Divergence model, plug in your API code we provide you, and instantly identify which assets appear to be bullish vs. bearish according to one of our most coveted metrics.

Make a free copy of our MVRV Mid-Term Sansheets model here: https://docs.google.com/spreadsheets/d/1i8VplmifLIqNv_Ns2IQ-g0J7pU0qfWj8qNQPI4CNtUE/view

For easy instructions to check on this top indicator at any time for your favorite #cryptocurrency assets, simply:

1) Download Sansheets: https://academy.santiment.net/sansheets/setting-up/

2) Plug in your API: https://academy.santiment.net/sansheets/adding-an-api-key/

3) If you're having trouble getting the data to load on a model, head to the 'Data' tab on the far right of the spreadsheet, and go to the yellow cell. Then delete the cell formula, then hit Undo. This should manually refresh the data.

4) If data still won't load, copy the URL of your model, close the tab, and then paste the URL in a new tab and hit enter