Crypto Markets Ready To Rally? Intelligence Firm Looks at Sentiment Across Large-Cap Coins Including Cardano (ADA)

Crypto Markets Ready To Rally? Intelligence Firm Looks at Sentiment Across Large-Cap Coins Including Cardano (ADA)


Crypto intelligence firm Santiment is looking at the sentiment of market participants across large-cap altcoins to determine whether the markets are ready to bounce.

In a new tweet, Santiment says that traders and investors of top digital assets such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL) and Binance Coin (BNB) do not seem optimistic about the prospects of their holdings.

“Have we dipped low enough where there’s ‘blood in the streets?’ According to crowd sentiment, there’s quite a bit of fear, uncertainty and doubt (FUD) and bearishness for BTC, ETH, BNB, SOL, and ADA. As illustrated by this chart, negativity correlates most commonly with bounces.”

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Source: Santiment/Twitter

Taking a closer look at leading smart contract platform ETH, Santiment says that is looking at

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