ARTHUR HAYES REPORTEDLY SOLD $22.28M IN ALTCOINS. ARE YOU WORRIED?
Whenever a big player sells people start wondering what is coming next. Is Arthur Hayes just taking profits. Does Arthur Hayes see something others do not?
Here is how the market looks now:
$BTC : $80,888 | +0.11%**
"Bitcoin" is barely in the green. Not much movement,. At least Bitcoin is holding up for now.
$ETH : $2,359 | −0.71%**
"Ethereum" is slipping a bit. Nothing huge yet but I will be watching to see if buyers step in.
$ENA : $0.1955 | −0.51%**
"ENA" is down too. Can ENA bounce back. Will sellers keep the pressure on?
$UNI: $6.89 | −0.15%**
"UNI" is almost flat. For now there is not much happening here.
LOOK AT THE PICTURE: The Fear & Greed Index is sitting at 45 (Neutral). So the market is not showing fear just yet.
MY TAKE: I am not panicking over one whales move. Big investors sell for all kinds of reasons and "BTC" does not automatically mean a crash is coming. I would rather watch "BTC" . See how the rest of the market reacts.
What is your feeling? Is Arthur Hayes simply taking profits. Could this be a warning sign, for #altcoins ?
Let us hear your take.#BTC , #ETH , #ENA or #UNI📈 ?
Whenever a big player sells people start wondering what is coming next. Is Arthur Hayes just taking profits. Does Arthur Hayes see something others do not?
Here is how the market looks now:
$BTC : $80,888 | +0.11%**
"Bitcoin" is barely in the green. Not much movement,. At least Bitcoin is holding up for now.
$ETH : $2,359 | −0.71%**
"Ethereum" is slipping a bit. Nothing huge yet but I will be watching to see if buyers step in.
$ENA : $0.1955 | −0.51%**
"ENA" is down too. Can ENA bounce back. Will sellers keep the pressure on?
$UNI: $6.89 | −0.15%**
"UNI" is almost flat. For now there is not much happening here.
LOOK AT THE PICTURE: The Fear & Greed Index is sitting at 45 (Neutral). So the market is not showing fear just yet.
MY TAKE: I am not panicking over one whales move. Big investors sell for all kinds of reasons and "BTC" does not automatically mean a crash is coming. I would rather watch "BTC" . See how the rest of the market reacts.
What is your feeling? Is Arthur Hayes simply taking profits. Could this be a warning sign, for #altcoins ?
Let us hear your take.#BTC , #ETH , #ENA or #UNI📈 ?
