Crypto's pessimists are getting louder, but Santiment believes extreme pessimism can sometimes come just before the market moves the other way. The market has been in a rough patch for some time. The total crypto market capitalization is down 1.1% today, falling to $2.17 trillion, as pessimism continues to grow. The mood has been getting darker as prices struggle to regain momentum and traders become increasingly cautious. At the same time, crypto “dead” chatter is rising again across X, Reddit, Telegram, and other crypto channels. “Dead, Dying, Finished” Terms such as dead, dying, over, ended, ending, and finished are gaining traction. According to Santiment’s latest update, this language reflects fear and often appears as retail patience weakens, prices remain stuck, and traders view temporary weakness as lasting failure. Crypto markets can move against the crowd when bearish views become too certain. If “crypto is dead” talk rises while Bitcoin holds key levels, stronger hands continue accumulating, and forced selling declines, the market structure can become more attractive for patient buyers, the analytic firm explained. Bitcoin has had its obituary written many times before, ...
‘Crypto Is Dead’ Talk Is Rising; Could Peak Fear Be a Contrarian Signal?
1 month ago
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