Bitcoin and Ripple - the two largest coins by market capitalization – still languish near their multi-month lows as the expected ‘buy the dip’ crowd remain noticeable by the absence. Over the last few months, most sharp falls in the cryptocurrency market have been followed by a reasonable rebound – dip buyers – before the market stabilized and moved lower again. This week’s heavy sell-off however - most coins are down between 25% and 40% - has sparked little buying interest, leaving prices vulnerable to fresh falls.
IG Sentiment Data show how retail traders are positioned in various cryptocurrencies and how changes in holdings can affect market sentiment. Retail traders remain long of Bitcoin (76.2%) but the number of traders net-short has jumped by 27.7% from last week. Ripple continues to show a market heavily skewed towards the long side with retail 96.1% net-long the coin. We can see how these daily and weekly changes affect our trading sentiment/bias for a range of cryptocurrencies.
IG Sentiment Data show how retail traders are positioned in various cryptocurrencies and how changes in holdings can affect market sentiment. Retail traders remain long of Bitcoin (76.2%) but the number of traders net-short has jumped by 27.7% from last week. Ripple continues to show a market heavily skewed towards the long side with retail 96.1% net-long the coin. We can see how these daily and weekly changes affect our trading sentiment/bias for a range of cryptocurrencies.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
