Santiment: Retail investor pessimism may present a buying opportunity for investors.

On August 20, according to a post on X by the crypto market analysis platform Santiment, as Bitcoin's price failed to complete a significant rebound and fell below $113,000 this morning, this trend quickly triggered negative sentiment among retail investors.

It is observed that this phenomenon is also the first since the market turmoil triggered by the Middle East war on June 22. The rapid spread of this sentiment highlights the fragility of the market and its sensitive reaction to sudden events.

However, Santiment has provided an optimistic perspective. Analysis suggests that according to historical market patterns, when retail investor sentiment turns extremely pessimistic, it often presents a good opportunity for patient investors to buy or increase their holdings.

This is because market trends often contradict public expectations, so investors should pay attention to the fluctuations in group sentiment in order to seize ideal investment opportunities.

In summary, Santiment believes that the current pessimistic sentiment may be a buying opportunity for patient investors. This is because historical patterns indicate that extreme market emotions often signal turning points in the market and provide opportunities for investors who can act against the market.

According to the latest data from Coingecko, despite a slight decline of 1.5% in the price of Bitcoin over the past 24 hours, the continuous small increases over several hours during the afternoon have kept the current price of BTC above $113,500.

How do you view the negative sentiment triggered among retail investors after the current BTC price fell below $113,000? Do you think this is an excellent time to buy?

#比特币 # negative sentiment