Every I write one of these on a Sunday night and Bitcoin hasn’t moved, it gets a little more stressful.

But here we are. Another week, another period of near no movement for $BTC.

And things have gotten a little quieter among the 150+ influencers and traders I follow. Most have stated opinions at this point, but aren’t posting about them as much because, well, we’re all just waiting.

You can see this pretty clearly on my market sentiment charts.

We’re pretty much dead even for $BTC sentiment, after riding high for most of the previous week.

That’s been mixed, but mostly positive news for the alts. And as long as we stay put in this increasingly tight range, I don’t see why that wouldn’t continue. But sooner or later, this tightening Bitcoin channel is going to break, and it’ll probably be pretty dramatic when it does.

So if you’re going to dive into the Alts, do it with care.

The Top Alts

These coins/tokens had the highest power rating in my analysis this week. The power rating is a weighted calculation taking into account sentiment, volume and the number of unique users who mentioned a coin. Generally, I eliminate any coins mentioned by less than 3 individual people as I don’t feel it would be representative of a trend.

One important note: Pay close attention to the previous week’s price action. High sentiment can indicate both a possible move or a possible peak in price, however temporary. I’ll be adding signals soon to indicate this, but be wary of any coin with a major price shift in the last week.

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The Data

As always, here is all the data I collected this week.

Coin Sentiment

(of 100) Volume Influencers Power Rating ABP 22 1 1 11 ABYSS 52 2 1 38 ACAT 11 1 1 5.5 ACT 4 1 1 2 ADA 48 18 10 71.25 ADC 96 1 1 48 ADX 67 2 1 45.5 AE 18 2 1 21 AELF 67 2 1 45.5 AEX 7 2 1 15.5 AGIBTC 52 1 1 26 AION 63 10 6 76.5 ALQO 18 4 2 43.5 AMB 52 1 1 26 AMP 2 2 2 29.25 ANC 79 1 1 39.5 ANDY 86 2 1 55 ANON 98 2 1 61 ANS 52 2 2 54.25 APPC 96 1 1 48 ARK 76 2 2 66.25 ARN 74 5 2 73.25 ATMI 79 1 1 39.5 ATVI 67 1 1 33.5 AURA 20 5 1 30 BAT 74 15 10 84.25 BAX 67 1 1 33.5 BBK 78 3 2 71.5 BCH 44 14 8 68.25 BCN 22 1 1 11 BCNÂ€¦ 79 1 1 39.5 BIS 67 3 3 69.25 BITG 86 3 1 59.25 BLOCK 20 4 1 28.25 BLZ 52 1 1 26 BNB 62 41 16 79.5 BNG 52 1 1 26 BOD 2 1 1 1 BOX 86 1 1 43 BPT 67 1 1 33.5 BQX 91 2 1 57.5 BTC 42 473 86 71 BTC- 22 1 1 11 BTC” 0 1 1 0 BTCÂ€¦ 16 4 4 47.75 BTCX 22 2 2 39.25 BTX 91 1 1 45.5 BVO 22 1 1 11 BWK 43 14 2 60.75 BXY 66 4 3 70.75 BZX 43 4 1 39.75 CAN 52 1 1 26 CATO 52 1 1 26 CDT 22 1 1 11 CHAT 2 2 2 29.25 CLDR 22 1 1 11 CLO 94 1 1 47 CLQ 79 1 1 39.5 CMT 48 3 1 40.25 CNN 67 1 1 33.5 COLX 22 1 1 11 CRDZ 22 1 1 11 CRW 67 2 2 61.75 CTR 4 1 1 2 CTS 22 1 1 11 CV 96 1 1 48 DACC 2 4 2 35.5 DADI 79 1 1 39.5 DALA 96 2 1 60 DASH 9 2 1 16.5 DAX 22 1 1 11 DB 1 1 1 0.5 DBIX 79 1 1 39.5 DBX 0 1 1 0 DCR 49 7 3 65.5 DENT 67 1 1 33.5 DERO 47 7 2 61.25 DEV 50 4 1 43.25 DGB 21 5 3 50 DIG 8 1 1 4 DIVC 94 1 1 47 DJI 44 4 3 59.75 DNR 86 1 1 43 DOGE 79 7 6 83.75 DOT 76 2 2 66.25 DP 86 2 1 55 DRGN 67 2 2 61.75 DRK 11 1 1 5.5 DTA 9 2 1 16.5 DXY 11 1 1 5.5 DXYÂ€¦ 91 1 1 45.5 DYN 47 5 1 43.5 EDR 22 1 1 11 EEM 22 1 1 11 ELF 22 2 1 23 ENG 8 2 2 32.25 ENJ 65 3 2 65 EOS 21 30 10 58.25 ESE 86 1 1 43 ETC 64 7 6 76.25 ETH 51 48 23 74.75 ETHOS 4 2 2 30.25 ETN 94 1 1 47 ETST 22 1 1 11 EVE 91 1 1 45.5 EVI 22 1 1 11 EVX 77 7 3 79.5 EXRN 86 1 1 43 FLASH 83 2 1 53.5 FOR 99 1 1 49.5 FOTA 51 6 2 63 FROK 86 1 1 43 FUEL 17 3 1 24.75 FUN 75 9 4 81.25 GAME 4 1 1 2 GANN 22 1 1 11 GAS 22 1 1 11 GCC 52 1 1 26 GFY 61 3 1 46.75 GGP 22 1 1 11 GIGA 94 1 1 47 GIN 82 7 4 84 GLD 22 1 1 11 GNO 22 1 1 11 GO 85 7 1 64 GRS 4 1 1 2 GVT 79 20 9 86.75 HEXX 22 1 1 11 HG 22 1 1 11 HKN 16 18 3 51 HMNY 52 3 1 42.25 HOLO 94 1 1 47 HOT 76 10 5 82.75 HXRO 83 2 1 53.5 HYG 22 1 1 11 ICX 61 43 19 79.5 INDA 52 1 1 26 IOST 85 4 3 80.25 IOTA 52 1 1 26 IOTX 11 3 2 38 ITA 91 1 1 45.5 IWM 18 2 1 21 JNJ 78 5 1 59 KEK 79 1 1 39.5 KEY 52 2 2 54.25 KIN 67 1 1 33.5 KLKS 21 14 3 53 KMD 51 5 4 67 LAND 4 1 1 2 LBC 2 2 2 29.25 LDOGE 22 1 1 11 LEND 85 4 3 80.25 LEV 22 1 1 11 LEX 22 1 1 11 LIFE 22 1 1 11 LINDA 67 1 1 33.5 LINK 17 6 1 29.75 LOL 11 1 1 5.5 LOOM 4 1 1 2 LPT 4 1 1 2 LRC 83 2 2 69.75 LSK 2 1 1 1 LTC 22 13 12 58 LUN 21 5 3 50 LUX 65 3 3 68.25 MAN 8 1 1 4 MANA 11 3 1 21.75 MAS 90 3 1 61.25 MBC 22 1 1 11 MCO 83 2 2 69.75 MDX 52 4 1 44.25 MEDX 94 3 1 63.25 METM 18 8 1 31 MFI 48 3 1 40.25 MFIN 22 1 1 11 MFT 76 10 5 82.75 MINT 52 1 1 26 MKR 44 2 1 34 MSP 52 5 4 67.5 MSR 22 1 1 11 MTL 22 1 1 11 MUE 67 4 3 71.25 MVIS 44 2 1 34 MWAT 64 2 2 60.25 NANO 22 3 3 46.75 NCASH 79 1 1 39.5 NCT 4 1 1 2 NDX 20 3 2 42.5 NEBL 52 3 2 58.5 NEO 4 2 2 30.25 NEXO 67 9 7 79 NIFTY 67 2 1 45.5 NIO 90 6 2 82.5 NIX 0 1 1 0 NIXÂ€¦ 8 1 1 4 NPXS 42 41 23 69.75 NPXSONCE 86 1 1 43 NULS 22 1 1 11 NVDA 67 2 1 45.5 NXPS 16 4 4 47.75 NXS 11 1 1 5.5 OCE 67 1 1 33.5 OCN 48 65 29 73.5 OMG 91 1 1 45.5 OMNI 9 2 1 16.5 ONION 94 1 1 47 ONT 22 1 1 11 OST 99 1 1 49.5 PAL 22 1 1 11 PASC 44 2 1 34 PAY 18 2 2 37.25 PHR 65 7 2 70.25 PHX 86 2 1 55 PINK64 52 1 1 26 PIRL 61 5 3 70 PIVX 42 5 3 60.5 PK 22 1 1 11 POE 94 1 1 47 POLY 11 4 4 45.25 PPT 22 1 1 11 PRL 22 1 1 11 PSEC 22 1 1 11 PSJ 67 1 1 33.5 PTOY 67 1 1 33.5 PXS 52 1 1 26 PYN 22 1 1 11 QASH 8 1 1 4 QKC 44 4 4 61.75 QLC 22 1 1 11 QNT 48 3 1 40.25 QSH 11 1 1 5.5 RBBT 22 1 1 11 RDD 86 2 2 71.25 RDN 21 5 4 52 REN 52 1 1 26 ROCK 11 1 1 5.5 RUPX 44 2 1 34 RVN 79 1 1 39.5 SAFEX 22 1 1 11 SALT 41 12 6 66 SB_F 22 1 1 11 SC 21 40 10 58.5 SCRL 52 4 2 60.5 SCT 11 3 1 21.75 SGR 0 1 1 0 SHA 63 5 1 51.5 SKY 52 2 2 54.25 SLV 22 1 1 11 SMCI 96 1 1 48 SNAP 9 2 2 32.75 SNM 52 1 1 26 SNT 86 1 1 43 SOMA 11 1 1 5.5 SONO 52 1 1 26 SPANK 96 1 1 48 SPHTX 22 3 1 27.25 SPR 86 1 1 43 SPX 1 1 1 0.5 SPY 18 2 2 37.25 SRN 91 2 1 57.5 START 22 1 1 11 STEEM 91 1 1 45.5 STONE 52 2 1 38 STORM 85 3 3 78.25 STRAT 78 8 4 82.5 SUB 99 1 1 49.5 SWFTC 1 1 1 0.5 SWM 17 12 4 52.75 SYS 22 1 1 11 TAU 96 1 1 48 TAYLR 9 2 2 32.75 TBPH 22 1 1 11 TEL 76 4 3 75.75 TFD 11 4 1 23.75 THETA 22 1 1 11 THT 22 1 1 11 TKY 83 6 5 85.25 TLER 52 1 1 26 TOM 22 1 1 11 TOMO 66 41 9 80.75 TPAYÂ€¦ 22 1 1 11 TRAC 91 2 2 73.75 TROLL 4 1 1 2 TRX 42 42 18 70 TUBE 43 5 4 63 UBEX 2 1 1 1 UBQ 67 3 3 69.25 UPXÂ€¦ 11 1 1 5.5 UUU 52 3 1 42.25 VEE 91 1 1 45.5 VET 52 15 3 69 VIA 44 2 2 50.25 VIBE 44 2 1 34 VIX 22 1 1 11 VOISE 22 1 1 11 VOT 11 1 1 5.5 VTC 11 1 1 5.5 WABI 8 1 1 4 WAN 50 22 9 72.25 WAVES 66 5 2 69.25 WENDO 83 2 2 69.75 WGR 75 3 1 53.75 WSX 83 13 1 64.25 WTC 50 4 3 62.75 X” 4 1 1 2 XAP 99 1 1 49.5 XBY 22 3 3 46.75 XCU 61 3 2 63 XDN 61 3 2 63 XEM 11 1 1 5.5 XG 79 1 1 39.5 XHV 51 24 9 73 XHVD 67 3 3 69.25 XLM 52 18 9 73 XLMBTC 96 2 1 60 XLQ 20 4 3 47.75 XLR 63 24 5 78 XMR 76 4 3 75.75 XPT 79 1 1 39.5 XRP 47 134 51 73 XRR 22 1 1 11 XSN 52 2 1 38 XTL 67 5 3 73 XTZ 64 4 4 71.75 XVG 75 14 12 84.75 XX 22 1 1 11 XZC 74 13 5 82.25 Z9 67 2 1 45.5 ZCL 48 3 2 56.5 ZEC 65 10 7 78 ZEN 22 5 2 47.25 ZIL 62 14 9 77.5 ZINC 22 1 1 11 ZL_F 22 1 1 11 ZPT 67 1 1 33.5 ZRX 44 43 17 70.75

Methodology

Each week, I scrape the Twitter accounts of some of the crypto world’s favorite influencers, traders and TA folk. I run a sentiment analysis to see which coins they are mentioning positively, neutrally and which they are mentioning in a negative light.

I also take in data on unique influencers, retweets, favorites, volume and strength of feeling in sentiment.

I calculate power by through a weighted formula that takes into consideration volume, number of unique influencers and sentiment. The higher the score, the better, the lower the worse.

This isn’t financial advice, just my own way of trying to make sense of what’s out there. And as with most things, the more data I collect, hopefully, the more interesting it’ll be. This is a work in progress. Please leave suggestions on how to make it better. I imagine if I keep up with it, I’ll be able to expand a bunch of the analysis, but I wanted to start somewhere.