PANews reported on January 31st, citing Cointelegraph, that cryptocurrency analytics platform Santiment stated that the recent plunge in crypto market sentimentPANews reported on January 31st, citing Cointelegraph, that cryptocurrency analytics platform Santiment stated that the recent plunge in crypto market sentiment
Santiment: The ongoing extreme panic in the crypto market is a "strong bullish" signal.
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PANews reported on January 31st, citing Cointelegraph, that cryptocurrency analytics platform Santiment stated that the recent plunge in crypto market sentiment to a year-to-date low could be one of the few signs of a potential rebound. "Currently, this sentiment data is one of the few strong bullish signals. The extreme negativity on social media also offers a glimmer of hope. The ratio of bearish to bullish comments is heavily skewed towards fear," Santiment said, adding that the continued market panic may be a sign of an impending market reversal.
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