A mysterious tweet from popular crypto analyst Moonshot has set the crypto world on fire. The post, shared on May 12, 2025, simply included a cryptic “👀👀👀” and a chart — no text, no explanation. But that was more than enough to send Bitcoin and altcoin traders into a frenzy.
What Was in the Chart?
Though Moonshot didn’t say much, the chart appears to show a breakout pattern and a sudden surge in trading volume. For many traders, that’s a classic signal of a potential price move — either up or down.
Since the tweet went live at around 10:30 AM UTC, crypto trading volumes have jumped sharply. Bitcoin (BTC) trading alone spiked by 18%, reaching $32 billion in 24 hours, according to CoinGecko.
Stock Market Turmoil Adds Fuel to Crypto Moves
This crypto buzz isn’t happening in a vacuum. It comes just a day after U.S. stock markets took a beating. The S&P 500 dropped 2.5%, and the Nasdaq fell 4.1% on May 11. Investors are worried about inflation and rising interest rates, which usually spell trouble for riskier assets — including crypto.
As stocks fell, Bitcoin slipped 3.2% to $58,400, while Ethereum dipped 2.8% to $2,350. That overlap in timing has many speculating: Was Moonshot hinting at a deeper connection between traditional markets and crypto?
AI Tokens Show Strength Amid the Chaos
Interestingly, not every token is down. AI-focused cryptocurrencies like Render (RNDR) and Fetch.ai (FET) are holding strong. RNDR gained 1.5% to hit $5.80, and FET rose 2.3% to $1.25 as of noon UTC. These tokens may be benefiting from growing interest in AI and blockchain projects, even as tech stocks tumble.
Technical Analysis: BTC and ETH May Be Oversold
Traders are also watching technical indicators closely. As of 2:00 PM UTC:
- Bitcoin’s RSI (Relative Strength Index) dropped to 42
- Ethereum’s RSI hit 40
Both suggest these assets are entering oversold territory — a zone that often attracts dip buyers.
Meanwhile, Ethereum trading volume jumped 15% to $14.5 billion, showing that traders are staying active even in choppy waters.
On-Chain Insights and Institutional Moves
Blockchain data from Glassnode shows more small investors are buying the dip. Wallets holding over 0.1 BTC increased by 7%, suggesting confidence among retail traders.
But on the institutional side, sentiment is more cautious. Bloomberg reports $120 million in outflows from Bitcoin ETFs on May 11. At the same time, Coinbase (COIN) stock dropped 3.7%, reflecting the broader market’s risk-off mood.
What It All Means for Crypto Traders
This mix of mysterious signals, market sell-offs, and AI token strength is creating a unique moment for crypto. Here’s what traders are watching:
- BTC Support Level: $57,000
- ETH Support Level: $2,300
- Breakout Watchlist: AI tokens like RNDR and FET
- Market Correlation: BTC’s 30-day correlation with S&P 500 stands at 0.68, showing strong influence from traditional markets
While Moonshot’s tweet didn’t say much directly, the market reaction speaks volumes. Whether it’s a warning or a signal to prepare for a big move, crypto traders are paying attention.
Key Takeaways
- Moonshot’s chart has sparked huge buzz, possibly signaling a big crypto move ahead.
- BTC and ETH are oversold, with RSI near 40, attracting dip buyers.
- AI tokens like RNDR and FET are outperforming, offering potential safe zones.
- Stock market turbulence is pressuring crypto, especially for institutional investors.
- Retail interest is rising, as shown by wallet growth and trading volume.
FAQ
What did Moonshot tweet?
Moonshot posted a chart with no explanation, just “👀👀👀,” triggering major speculation among traders.
Why is crypto down right now?
U.S. stock markets fell sharply due to inflation concerns, which spilled over into crypto. Bitcoin and Ethereum dropped more than 3%.
Are there any winners in this market?
Yes — AI tokens like Render (RNDR) and Fetch.ai (FET) are seeing gains despite broader market losses.
Final Thoughts
In volatile markets, even a simple emoji tweet can move billions. Whether Moonshot’s chart turns out to be a bullish sign or just noise, one thing is clear: crypto traders should stay alert and manage risk carefully.
