According to PANews, analysis by Santiment reveals that over the past two weeks, the sentiment in the cryptocurrency market has swiftly shifted from bullish to bearish, particularly after market capitalization adjustments, especially concerning altcoins. Interest in meme coins has noticeably declined, while attention towards Bitcoin has resurged.
Santiment highlights that this market panic and pessimism are part of a healthy cycle, offering patient traders the opportunity to capitalize on 'market panic' situations.