Bitcoin and Ethereum both looks poised to extend their recent gains but we typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests BTC prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.

With CEX and DEX trading volumes that have risen over the past week, I guess the Gamestop drama is a benefit to most platforms in the buy and sell area.