A few signals before the meme coin surge
Everyone’s attention in the market is on the US stocks, and the price action has responded.
Leaders: DOGE 0.0998 (+15.10%), SHIB 5.94e-06 (+8.39%)
Small caps: PEPE 4.99e-06 (+24.75%), WIF 0.2413 (+19.57%)
Sentiment temperature is slightly higher than last week, but it’s not time yet for a big wave of funds to return.
Sentiment temperature is slightly higher than last week, but it’s not time yet for a big wave of funds to return.
Recently, the correlation between the meme sector and BTC has been around 0.6, pretty much the same as at the beginning of July.
Are you still taking a wait-and-see approach with your futures positions?
#meme #Emotion
For personal observation only and does not constitute investment advice.
Everyone’s attention in the market is on the US stocks, and the price action has responded.
Leaders: DOGE 0.0998 (+15.10%), SHIB 5.94e-06 (+8.39%)
Small caps: PEPE 4.99e-06 (+24.75%), WIF 0.2413 (+19.57%)
Sentiment temperature is slightly higher than last week, but it’s not time yet for a big wave of funds to return.
Sentiment temperature is slightly higher than last week, but it’s not time yet for a big wave of funds to return.
Recently, the correlation between the meme sector and BTC has been around 0.6, pretty much the same as at the beginning of July.
Are you still taking a wait-and-see approach with your futures positions?
#meme #Emotion
For personal observation only and does not constitute investment advice.