Analysis of Current Market Sentiment on SNS
"Individual Investor Fear Reaches Maximum Since April"
On-chain analysis platform Sentiment released a report on the 20th titled 'Individual Investors' Fear of Bitcoin is a Hopeful Signal for Cryptocurrency Market Rebound', forecasting a bullish market based on low market expectations on SNS.
Brian Quinlivan, a Sentiment researcher, analyzed recent cryptocurrency market outlook posts on SNS, pointing out that posts forecasting a bullish market received an average of 1.03 negative comments. This is the highest number of negative comments since April.
Quinlivan explained that the price drop due to Trump's tariff war in April led to fear in the cryptocurrency market, causing retail investors' expectations to decline.
Meanwhile, Quinlivan highlighted Bitcoin's accumulation trend over the past 10 days, stating that it has always shown a different pattern from individual investors and is currently displaying such a trend.
Reporter Seung-won Kwon ksw@blockstreet.co.kr