💸 In the MakerDAO ecosystem, Repayments Against Collateral refer to the process where borrowers settle their outstanding DAI debt, allowing them to reclaim their Wrapped Bitcoin (WBTC) collateral. Unlike forced liquidations, which occur when collateral levels drop too low, these repayments are deliberate actions taken by users to reduce leverage or close out positions.

For traders, this metric offers valuable insights into market sentiment. Large repayments can signal a shift in risk appetite—whether traders are securing profits, de-risking in anticipation of volatility, or repositioning based on broader market conditions.

Since WBTC is a widely used collateral asset in MakerDAO, its repayment patterns can have ripple effects across the DeFi space and potentially influence Bitcoin's price trajectory. Periods of heightened repayment activity often align with significant Bitcoin price movements, making this an important indicator to watch for potential trend reversals or liquidity shifts in the market.

When you see a high MakerDAO repayment spike on this chart, you'll usually find great opportunities to buy (if prices were moving down at the time of the spike) or sell (if prices were moving up at the time of the spike).

😰 Bitcoin plummeted to as low as $91.2K as all of crypto has dipped with world stock markets starting the week with heavy bleeding. Media outlets seem to be attributing plummeting sectors to 'Trump's trade war'.

Whether this is the primary reason or if there are other contributing factors, the trader reaction in the cryptocurrency community has been overwhelmingly negative. So far today, bearish commentary across social media is at its biggest peak (when compared to bullish commentary) in over a year.

At the time of this writing, BTC has already recovered back above $96.0K and may not be done. Was this flush orchestrated to get trigger-happy retail traders to sell at a local bottom? Historically, markets virtually always move the opposite direction of the crowd's expectations.

When the majority of traders are this skeptical of cryptocurrency, we have seen ideal and surprisingly transparent buy opportunities. Follow along with this great sentiment chart, and see what others can't.

💪 During crypto's closing hours of the work week, there are still strong levels of buying crypto from the retail crowd. However, sell mentions are almost non-existent. Monitor the mentions of buying, selling, & hodling across social media here.

🥲 Crypto markets continue enjoying a mild recovery week, but traders aren't showing many signs of FOMO. In fact, both greed and fear commentary across social media are both at their lowest points in 2025. When comparing Bitcoin price calls:

🟦 High spikes of $90K-$95K BTC calls indicate prices are likely bottoming out due to crowd FUD, signaling a high confidence time to buy & be bullish

🟥 High spikes of $110K-$115K BTC calls indicate prices are likely topping out due to crowd FOMO, signaling a high confidence time to sell & be bearish

As long as Bitcoin stays in this $95K - $110K range, this chart will continue to be useful to show when traders are getting overly eager to see prices slightly above or slightly below this range. Keep tabs on crowd FOMO and FUD here!

📈 Cryptocurrency has not (yet) been phased by Jerome Powell and the Fed's decision to halt interest rate cuts for the time being. Interest rates have been a sensitive topic for investors and traders of all sectors, particularly after they were aggressively cut in 2020 (as a reaction to covid) and raised in 2022 (as the pandemic restrictions mostly normalized).

There has been a strong association with these US rate cuts being bullish, and US rate rises being bearish over the past 5 years. However, there may be some easing sensitivity among Bitcoin and crypto market caps as the sector has significantly grown.

The most historic bull cycles in crypto have come when there is minimal reliance on world stock markets. They have been tightly correlated for much of the past 3 years now, but today is a good sign that cryptocurrencies aren't entirely fluctuating as simply 'high leveraged tech stocks', as many skeptics have been claiming.

📺 We look through all of the most relevant crypto metrics to take a look at where markets are, and where they're likely going in the short and long term following Trump's inauguration. Enjoy our latest video with Thinking Crypto!