The sentiment on Twitter ("X") and crypto market news remain very positive.
People are not posting negative content, which indicates that investors are not fearful, even with the recent market downturn, particularly Bitcoin's drop, fluctuating between $108k and $92k USD.
The market typically turns pessimistic when public issues drive people to share negative posts, such as regulations, exchange problems, network failures, FUD about stablecoins and BTC, among other topics.
When sentiment becomes highly negative, there is a high probability that Bitcoin forms price bottoms. This happens a few times a year, offering excellent buying opportunities.
Alphractal
