Santiment: Due to the Bybit hack, LIBRA token issuance and other factors, the market showed extreme fear

PANews reported on February 22 that Santiment posted on the X platform that due to the shock caused by the Bybit hacker attack in the encryption field, coupled with the worrying news about LIBRA and other contributing factors this week, as Bitcoin plummeted, the crowd showed extreme fear.

According to the sentiment score, the crypto community’s negative sentiment remains the same as it was prior to the price rally on February 17 and 18. While nothing is guaranteed, and a major exchange hack could have a lasting effect on crowd perception, remember that markets almost always move in the opposite direction of what retail traders expect.

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Author: PA一线

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

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