Cryptocurrency analysis firm Santiment posted on the X platform that traders are worried that the crypto market is falling into a "bull trap", and although BTC may have temporarily halted its momentum, ETH and altcoins have exploded again. If the FUD (Fear, Uncertainty and Doubt) sentiment increases, it could push the BTC up to $50,000, squeezing shorts betting on lower prices.

BTC2.89%
ETH5.67%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)