Investors Panicked, Selling at a Loss in These Three Altcoins! What Does This Signal? Santiment Reviewed!

Cryptocurrency analysis company centimeterthe largest altcoin in his last post Ethereum and drew attention to the panic in two altcoins.

Ethereum, Shiba Inu and Sushiswap Santiment stated that investors showed slight signs of panic yesterday; He said investors were making sales at a loss.

at this point ETH, SHIB and SUSHI Stating that investors reached the highest loss level in 2023, Santiment stated that this situation generally indicates a short-term recovery opportunity.

“Ethereum, Shiba Inu and Sushiswap traders showed some mild signs of panic yesterday, with their networks showing some of the highest levels of traders taking losses (versus profits) all year.

These are often signs of a short-term recovery opportunity. “

📉 #Ethereum, #ShibaInuand #Sushiswap Traders showed some mild signs of panic yesterday, and their networks showed some of the highest levels of trader loss taking (vs. profit) all year long. These are typically signs of a short-term rebound opportunity. https://t.co/lz6NsiH62o pic.twitter.com/HWzWvM5RHz

— Santiment (@santimentfeed) October 6, 2023

At the time of writing, Ethereum is traded at $1,642, Sushiswap is traded at $0.575, and Shiba Inu is traded at $0.00000722.

*This is not investment advice.