Bitcoin Sentiment Analysis: Peak FUD Signals Market Shift
Recent data from Santiment shows a balanced divide in Bitcoin sentiment, with equal measures of optimism and pessimism among traders. This equilibrium, known as ‘peak FUD,’ resembles conditions last observed during April’s market slump following Donald Trump‘s tariff announcements. According to Brian Quinlivan, Santiment‘s marketing director, such parity often signals an upcoming bullish reversal, as markets typically move contrary to retail expectations.
Crypto Fear & Greed Index Shifts to Neutral
The Crypto Fear & Greed Index recently declined to a score of 54, transitioning from ‘Greed’ to ‘Neutral.’ This adjustment reflects changing trader sentiments, driven by several factors:
- Market momentum shifts
- Social media sentiment trends
- Volatility measurements
Whale Accumulation Contrasts with Retail Selling
Over the last ten days, 231 new wallets have each accumulated more than 10 Bitcoin, while over 37,000 smaller wallets have reduced their holdings. This divergence suggests growing confidence among major investors, a pattern historically associated with bullish market movements.
Ethereum Mirrors Bitcoin’s Accumulation Trend
Significant Ethereum holders have been increasing their ETH positions as retail investors withdraw, following a similar pattern to Bitcoin. Vugar Usi Zade of Bitget notes a shift in retail trading toward more practical applications.
Bitcoin Price Update
Data from CoinGecko indicates Bitcoin is currently trading around $104,600, marking a 3% increase over the past two weeks. This performance demonstrates resilience amid fluctuating market sentiment.
