Despite
the recent bearish sentiment in the ETH / USD pair, we've had relatively positive news on Ethereum this week.
Not exact matches
The
recent sell - off in the yellow metal has brought out a ton of
bearish sentiment this week, some of which I'll post here... First up, Doug Kass has a gold call...
«The
recent rally is also a reflection of the extremely
bearish sentiment and positioning on emerging markets,» he said.
One noticeable improvement has been
sentiment, which has worked off some of the
recent bullish levels and moved closer to levels associated with bottoms as both active money managers and retail investors turn overly
bearish.
While the momentum of the move is impressive and some
bearish trendlines have been already broken, it's too early to conclude that the current rally is anything more than an oversold bounce, even as the extremely
bearish sentiment of the
recent period would justify a more durable relief rally.