August Santiment Report: A Tale of Two Halves
August was a clear month of ups and downs that really tested the skills of even the most experienced swing traders. If you have been a hodler throughout the month, then you were handsomely rewarded for staying patient and avoiding the temptation of selling low or buying high in the kind of market conditions where this is very easy to do.
Trading returns over the past 30 days really can't even begin to tell the story of just how wobbly crypto market caps have fluctuated.
Bitcoin was just above $25.0k on August 14th, but had fallen to $19.6k just two weeks later after Jerome Powell and the Fed rattled all investing sectors. Ethereum, on the other hand, has actually fared better as we approach the final two weeks before the highly anticipated September 15th and 16th merge.
A few polarizing
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Years of market experience, compressed in each report
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