On-chain analysis platform Santiment said that the indicator that could mark the top of the bull market could be “greed”.
While the cryptocurrency market has been hosting jaw-dropping rises since October, Santiment warned. By analysis platform 14 December made on the day in sharingmany people short term peak While it is stated that he is trying to predict, one of the strongest signals for this prediction is greed for altcoins It was stated that it would happen.
While it is emphasized that investors’ excessive interest in altcoins is often a sign of greed, it is rare but a reliable signal It was stated that it was. This signal is finally short-term peak in July It was underlined that he found it correctly. Social media This signal seems to have reached the July level in the current days.
Centiment “subseason” and a sudden increase in the number of mentions of related keywords, strongly linked to upcoming market tops He emphasized that:
Excessive investor interest in altcoins is often a sign of greed. This could be a reassuring signal as the cryptocurrency market rallied from mid-October to early December, with many wondering when the local top would finally arrive.
