Bearish

If we look into Ethereum itself, we might see massive divergencies across many metrics.

All above are red flags suggesting a dump. Divergencies quite massive all over the board, we might need to dive deep to reset it.

Bullish

There is a reaction from holders that are probably scared by recent negative news - stablecoin dolphins and sharks:

And also some increased onchain activity on a number of altcoins forming a positive bullish divergence. For example, UNI:

The period of increased volatility is here. What's your bet?

Charts:

• https://app.santiment.net/s/T7TdW5sU
• https://app.santiment.net/s/VjRdF3dw
• https://app.santiment.net/s/9GPBn6Ed
• https://app.santiment.net/s/PxYWp6sC