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Though Markets are Unpredictable Short-Term, the Long-Term FUD May Pay Dividends for Patient Traders!

@brianq
1 min read
04.11.2024
DOGE
USDC
BTC


📊 As traders wait for clarity in crypto markets, Bitcoin has been seeing a notable decline in the amount of non-empty wallets. 211.5K less addresses exist compared to 3 weeks ago, a strong sign of FUD that typically is associated with future bullish price performances.

Meanwhile, Santiment also picked up a drop of -11.6K USDC wallets in a single day this weekend, as stablecoin behavior fluctuates wildly.

Also, keep an eye on Dogecoin wallets suddenly rising rapidly (+46.4K in one week). This is a sign of traders speculating and gambling on memecoins, even after last week's local top.

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