According to CryptoPotato, a recent survey by CoinGecko indicates that only about half of investors are optimistic about the current crypto market. The study, which included 2,558 participants, was conducted from June 25 to July 8. The report reveals that 49.3% of crypto participants remain optimistic about the market's future despite its recent downward trend. Among these, 26.1% felt somewhat bullish, and 23.2% were fully bullish. Meanwhile, 25% of participants maintained a neutral stance, and 25.2% expressed bearish sentiments, with 13.4% somewhat bearish and 11.8% fully bearish. Breaking down the sentiments by participant type, investors were the most optimistic, with 54.1% feeling bullish and only 20.7% bearish. Builders in the space followed closely, with 47.6% bullish and 31.6% bearish sentiments. Traders showed mixed feelings, with 39.0% bullish and 33.5% bearish, likely due to their short-term market focus. Sidelined spectators, who have no direct crypto involvement, were the most pessimistic, with only 28.5% of responses being bullish compared to 42.4% being bearish. The survey also highlighted Bitcoin's continued decline. Since its April 20 halving, Bitcoin has fallen about 9.5%. Historically, Bitcoin halving events, which occur roughly every four years, have been followed by price rallies in the subsequent months. However, this time, Bitcoin has been plunging since peaking at a new all-time high in March. Over the past month, its price action has been marked by a series of lower highs and lower lows, with the crypto hitting a two-month low of $53,500 on July 5. Despite attempts to regain upward momentum, the market's confidence has been recently shaken by potential sell pressure from $7.6 billion worth of Bitcoin intended to be repaid to creditors of the defunct crypto exchange Mt. Gox. Additionally, recent Bitcoin sales by the German government have further rattled investor sentiment.