Here is the tweet reporting the movement of the coins. Take a look at the reactions. Predominantly very bearish opinions expressed in regard to it. Examples: ”Short Time!!!“, “Dump it!”, “We gon die!”. And there are interesting gifs. Some are quite exited about the prospect of a dump. Things like this can be a good sign for BTC growth, with respect to counter-sentiment speculation.
This is an overview of Emerging Trends snapshot taken on 2020-05-29 16:00 UTC:
Today's cryptoverse is expecting secondary "gas" tokens to follow insane TFUEL pump. Here are the most liquid, sorted by performance: TFUEL, ONG, GAS, VTHO. Their prices for comparison:
Watchlist to track: https://app.santiment.net/assets/list?name=Gas%[email protected]#shared
Best performing (7d) indice 👆 in my watchlists.
There was no Reddit reaction at this point to the pump of ETH above $200 and the rise rise of BTC to $8880. And prior this it was quiet there, and with a few concerns expressed. From a counter-sentiment perspective when speculating, this may be a good sign for a bit of growth in price.
Also, Crypto Kirby has flipped quite bearish. How high profile traders feel can be quite useful for counter sentiment speculation
Note that all this doesn’t necessarily mean the markets have reached the absolute bottom of this dumping, but may be approaching one.
This is an overview of Emerging Trends snapshot taken on 2020-05-26 17:00 UTC:
This is an overview of Emerging Trends snapshot taken on 2020-05-25 20:00 UTC:
Apparently $9000 BTC is not what it used to be, for traders. If this very recent assessment of sentiment is correct then, according to counter-sentiment theory, there is the possibility that the stalling of the BTC price here is something bulls need not be concerned about.
ETH is tagged to as it may suggest the stalling of ETH price could soon be over too.
With the rise to $209 for ETH you can see on Reddit some bullishness and FOMO, and appreciation of news:
“Y’all got anymore of that $200 ETH? My funds just cleared and I wanted to buy right at the line. 😭“ 14pts
Huuuuge. Rollups coming to Reddit's community points!
The good news don't stop on the ETH train. CHOO CHOO MOTHERFUCKERS” 40pts
“Come on you beauty... that’s it... keep going, keep going to the moon 🌓” 17pts
“I'll try to do a little writeup about the Baseline protocol later today...It's THE news we have all been waiting for.” 46pts
Therefore, it’s price may stall.
Tagged BTC too as an effect on it can be inferred. This is from a BTC subreddit:
“Oof, ETH going on a tear right now...I think our local bottom is in, and we'll be retesting the higher highs in a not so distant future. Long here from $9,200.” 24pts
This is an overview of Emerging Trends snapshot taken on 2020-05-22 19:00 UTC: