{"id":23178,"date":"2023-05-26T07:05:56","date_gmt":"2023-05-26T07:05:56","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/26\/crypto-traders-hunting-altcoins-that-flash-underbought-signals\/"},"modified":"2023-05-26T07:05:56","modified_gmt":"2023-05-26T07:05:56","slug":"crypto-traders-hunting-altcoins-that-flash-underbought-signals","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/26\/crypto-traders-hunting-altcoins-that-flash-underbought-signals\/","title":{"rendered":"Crypto Traders Hunting Altcoins That Flash Underbought Signals"},"content":{"rendered":"

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Over the previous few weeks, the broader cryptocurrency market has come underneath promoting stress with Bitcoin and a few high altcoins heading decrease. There\u2019s a whole lot of uncertainty surrounding the macro developments and the continuing US debt ceiling negotiations<\/a>.<\/p>\n

On-chain knowledge supplier Santiment reveals that merchants\u2019 enthusiasm for Buy the Dips has waned amid dip alternatives turning into extra lifelike. It noted<\/a>:<\/p>\n

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We are seeing the widespread paradox of merchants shopping for short-term, small <\/span>#crypto<\/span> value dips, however scared to purchase the longer-term larger ones. Mentions of <\/span>#buythedip<\/span> or <\/span>#boughtthedip<\/span> are dormant. Historically, this type of <\/span>#FUD<\/span> has been good to capitalize on. <\/span><\/p>\n<\/blockquote>\n

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