Matrixport: Market sentiment has fallen to a low level, and prices may weaken further in the short term.

PANews reported on February 17th that Matrixport stated on its X platform that market sentiment has fallen to a low level, with pessimism dominating. Looking at the "Greed and Fear Index," a more sustainable bottom typically appears after the daily sentiment indicator's 21-day moving average crosses below the zero line and then begins to rise. This "weak-to-strong" reversal usually indicates that selling pressure is nearing its end, and the market is entering a recovery and stabilization phase.

Short-term prices may weaken further, but historically, periods of deep negative sentiment have often corresponded to more favorable risk-reward ranges. Given the cyclical correlation between sentiment and prices, current readings suggest the market may be approaching a critical inflection point. The key focus going forward will be whether core signals show signs of improvement, typical of pre-rebound periods.

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Author: PA一线

This content is for market information only and is not investment advice.

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