👍👍Survey Divided Cryptocurrency Investors in Two: Who Expects What? 👍👍

Only half of crypto investors and observers are bullish on the market, while the other half are bearish or neutral.

According to the survey conducted between June 25 and July 8, 2,558 participants participated in the survey, 94% of whom owned cryptocurrencies or worked in the crypto industry.

According to the survey results, 49.3% of respondents were “bullish” or “somewhat bullish” about the current state of the crypto market. Approximately a quarter of the group stated that they were "bearish" or "somewhat bearish", while another quarter of the group stated that they did not expect a significant movement in the market and remained "neutral".

Analyst Lim Yu Qian stated that neutral sentiment could indicate participants' uncertainty about market conditions or that they are waiting for developments in the market.

Of the four groups surveyed, observers were the most pessimistic, with 40% of these groups expecting a bear market. While observers are defined as people with “no direct crypto interest,” market neutrals had the highest proportion at almost 30%.

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