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The platform Santiment, with all the seriousness of a gossiping neighbor, has declared which tokens are tickling the fancy of social media folks. Among them are Solana, Chainlink, Tether, and the ever-enthralling FTT—the token from that bankrupt exchange, FTX. Also on the list? Newcomers like Nexpace and Lanchcoin, boldly strutting onto the scene like young men at a ball, full of promise and perhaps a little foolishness.

But fear not, dear reader, for beneath this placid surface churns a sea of intrigue! Market whispers and on-chain omens tell a tale more twisted than a bureaucrat’s alibi. 🤔

As Wu Blockchain, our keen-eyed observer, notes, the number of active addresses on Avalanche has soared past 1.95 million this May. Such a spike makes one nostalgic for January, when the entire crypto universe danced in bullish delight. Ah, the good ol’ days!

The market at large, a fickle beast, is growing restless. Many, blinded by avarice, expect Bitcoin to ascend to unprecedented heights. Yet, a shadow of caution lingers. Crypto analyst Daan, a fellow with a name as concise as his insights, suggests that Bitcoin has lately shown a certain…weakness compared to those stalwarts of tradition, the stocks. According to Daan, this underperformance – a veritable case of the sulks – followed the announcement of a US-China trade deal. It seems that reducing macroeconomic uncertainty is like offering a shot of vodka to the stock market, but Bitcoin prefers the angst! 🤔

Apparently, it’s been doing this little dance since May 16. Higher lows, higher highs… sounds exhausting. The ‘key resistance’ is $104,094. Honestly, who comes up with these numbers? And support at $102,668. So precise. So… arbitrary. If it bursts past $104,100 with enough oomph, apparently, we’re all in for the long haul. But if it doesn’t? Short-term bearish reversal, darling. Short-term. Don’t panic. Maybe.

BBTrend has decided to play the villain, turning negative, while whale accumulation is… well, barely swimming. The short-term EMA momentum? Let’s just say it’s taking a nap. These aren’t the kind of signals you want if you’re hoping for a sustained bull run. Could we be staring at the beginning of a reversal? Let’s dive in, shall we? 🤔