Santiment: Retail Sentiment Turns Extremely Bearish, Potential Signal for Market Reversal
BlockBeats News, August 20 — According to data from Santiment, after Bitcoin fell below $113,000 and failed to sustain its rebound, retail trader sentiment has plummeted sharply over the past 24 hours, reaching its lowest level since the sell-off triggered by geopolitical tensions on June 22.
Santiment noted that historically, periods of extreme pessimism often present buying or accumulation opportunities for patient investors, as market trends tend to move contrary to the majority’s expectations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Game Asset Trading Platform OVERTAKE Secures $7 Million in Strategic Funding with Participation from Sui and Others

Billionaire Chamath Palihapitiya Returns to the SPAC Market Again

Trending news
MoreCrypto prices
More








