Optimism Among Traders Heating Up for Leading Cryptocurrencies
Publication Time:2024-08-02 07:51:05
According to the latest report from on-chain and off-chain metrics intelligence platform Santiment, traders have shown widespread optimism towards leading cryptocurrencies since August. Analysts anticipate that before the prices of major crypto assets like Bitcoin, Ethereum, Ripple, and SOL may see an upward movement, the market's overbought condition (Fear Of Missing Out, FOMO) will ease. However, BNB, as a member of large-scale cryptocurrencies, currently exhibits relatively lower bullish sentiments in the market, indicating a different dynamic compared to mainstream coins.
Cryptocurrency
trader sentiment
leading assets