Don't Just Not Believe the Hype... Do the Opposite (Santiment Weekly Pro Report)
It’s been a wild start to crypto in 2021, as the first two weeks have been full of euphoria, ever-increasing volatility, and uncertainty. Daily active addresses for Bitcoin and many assets have surpassed their previous all-time highs, altcoins are decoupling one after another, and there is a new #3 asset in town after XRP’s SEC lawsuit has concerned traders enough to let DOT surpass it for crypto’s current bronze medal.
Bitcoin dominance on the markets, in general, is starting to give ground to altcoins again for the first time this year, as well. Below are many of the topics we’ve highlighted this week:
Trading Against the Crowd Consensus
As many of you may know, we at Santiment have seen plenty of historical evidence that points to crowd consensus being dead wrong about where markets are heading, more often than not.
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