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Santiment: Retail Investors' Sentiment Turns Extremely Bearish, Potentially Signaling Market Reversal
Summary: According to Santiment data, after Bitcoin fell below $113,000 and failed to sustain a rebound, retail traders' sentiment plummeted in the past 24 hours to the lowest level since the sell-off triggered by the geopolitical conflict on June 22. Santiment stated that historically, extreme pessimism often provides buying opportunities for patient investors, as market trends ...
According to Santiment data, after Bitcoin fell below $113,000 and failed to sustain a rebound, retail traders' sentiment plummeted in the past 24 hours to the lowest level since the sell-off triggered by the geopolitical conflict on June 22. Santiment stated that historically, extreme pessimism often provides buying opportunities for patient investors, as market trends tend to be contrary to public expectations.
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Link: Santiment: Retail Investors' Sentiment Turns Extremely Bearish, Potentially Signaling Market Reversal [Copy]