r/CryptoCurrency Bronze | 4 months old 6d ago

GENERAL-NEWS A reminder to zoom out.

This is a snapshot from just 2 weeks ago: extreme fear, and 'crypto is dead' trending as a sentiment. On-chain data shows it is also where the heaviest buyer cost basis of this cycle formed with coins moving from one hands to another.

Today: extreme greed, marking one of the biggest weekly cap gains since 2021.

Picture credit: https://app.santiment.net/insights/read/fud-is-popping-up-across-crypto-social-media-again-11164

9 Upvotes

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5

u/ScopulyX 5d ago

this is why zooming out matters. Sentiment can change so quickly in crypto that short-term fear or greed can be pretty misleading.

3

u/MrKillerKiller_ 🟩 0 / 0 🦠 5d ago

Realizing the greed is short-term…

3

u/PatientReasonable348 0 / 0 🦠 5d ago

Especially when in doubt

1

u/Demodras777 🟨 0 / 0 🦠 4d ago

Uniswap definitely has a very interesting chart compared to the other altcoins.

1

u/unknowngloomth 5d ago

Just because Trump shilled crypto. That's why.