Santiment: Retail investor sentiment for BTC hits lowest level since "Trump Liberation Day" after falling below $103,000
According to Jinse Finance, amid mounting macroeconomic pressures, BTC has dropped from its high of $106,000 to below $103,000, followed by a slight rebound. A Santiment report indicates that retail investor sentiment is now at its most pessimistic level since the announcement of tariffs on Trump Liberation Day in early April. However, given the unusually strong bearish sentiment among retail investors this time, historical patterns suggest this could be a contrarian indicator for a price rebound. In the past, Bitcoin has often rebounded shortly after similar waves of panic, as large investors frequently take advantage of retail sell-offs to accumulate at more favorable prices.
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
S&P 500 financial sector trading hits record high, up 0.4%
U.S. stock market opens: Dow Jones up 0.33%, Nvidia opens up 1.5%
Huang Licheng added 775 ETH long positions in the past half hour, bringing his total holdings to 4,775 ETH.
