Santiment: The ongoing extreme panic in the crypto market is a "strong bullish" signal.

PANews reported on January 31st, citing Cointelegraph, that cryptocurrency analytics platform Santiment stated that the recent plunge in crypto market sentiment to a year-to-date low could be one of the few signs of a potential rebound. "Currently, this sentiment data is one of the few strong bullish signals. The extreme negativity on social media also offers a glimmer of hope. The ratio of bearish to bullish comments is heavily skewed towards fear," Santiment said, adding that the continued market panic may be a sign of an impending market reversal.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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