PANews reported on February 28 that according to Santiment data, the discussion on "Buy the Dip" on social media has reached its highest level in seven months. Especially after Bitcoin fell below US$80,000, a large number of investors expressed their willingness to buy at the bottom.

Bitcoin has fallen 21% in the past 30 days and 5% in the past 24 hours, now trading at around $80,400, while Ethereum has fallen more than 30% in 30 days, now trading at $2,139. However, Santiment warned that the market is usually the opposite of public sentiment, and when the bottom-fishing sentiment is overheated, prices may fall further, and investors should wait for market sentiment to cool down before looking for buying opportunities.

Google Trends data shows that the search popularity of "Buy the Dip" reached a peak of 100 on February 26, and then fell back to 49, indicating that market attention is adjusting. Santiment suggests that we should pay attention to the market sentiment turning cold or pessimistic, which may bring us a real bargain hunting opportunity.