Rally

FOMO

Bitcoin

Read

<div class="code-block-grte code-block-grte-8" style="margin: 8px auto 8px 0; text-align: left; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>On-chain analysis platform Santiment has highlighted key factors necessary for the continuation of the current crypto market rally.</li> 
 <li>The analysts pointed out that the recent surge in cryptocurrencies, fueled by the US non-farm payroll data released on Friday, requires a market condition devoid of FOMO for its sustenance.</li> 
 <li>Santiment also noted that short positions played a significant role in Bitcoin’s abrupt reversal from $58,000 to $64,000, indicating that investors are once again taking long positions.</li> 
</ul> 
<p><strong>On-chain analysis platform Santiment discusses the factors necessary for the continuation of the current crypto market rally, emphasizing the need for a market condition devoid of FOMO.</strong></p> 
<h2 id="strong-bitcoin-s-rally-and-the-role-of-short-positions-strong"><strong>Bitcoin’s Rally and the Role of Short Positions</strong></h2> 
<p>According to Santiment, short positions played a crucial role in Bitcoin’s sudden reversal from $58,000 to $64,000. This suggests that investors have started taking long positions again. The analysts implied that a market where the majority are taking long positions cannot sustain a long-term rally, and therefore, funding data should be closely monitored.</p> 
<h3 id="a-href-https-en-coinotag-com-key-factors-necessary-for-the-continuation-of-bitcoin-btc-rally-according-to-santiment-analysis-read-the-full-article-for-free-at-coinotag-a">&lt;... <a href="https://en.coinotag.com/key-factors-necessary-for-the-continuation-of-bitcoin-btc-rally-according-to-santiment-analysis/">Read the full article for FREE at COINOTAG!</a></h3>

Key Factors Necessary for the Continuation of Bitcoin (BTC) Rally, According to Santiment Analysis

目次

COINOTAG NEWS

2024年5月4日公開の他の記事

Fastest to $1 Mark: Ripple (XRP) vs Cardano (ADA) vs Algotech (AGT). Keyword: XRP, Cardano Price,...

Weekend Market Watch – Altcoins soar as Bitcoin recovers above $64K

The Role of Bitcoin in Reducing Systemic Financial Risk

BEFE Coin Price Set to Soar: Investors Anticipate a Pump

UNI Price Rallies 10% Amid Massive Whale Accumulation

How to Buy a Dream House – Crypto Investments Strategy

ニュースレターを購読して暗号資産の最新情報を毎日入手！