Odaily Planet Daily reported that Santiment stated on X: "In the past two weeks, the sentiment of most cryptocurrency investors has remarkably shifted from bullish to bearish. As the market capitalization has pulled back (especially altcoins), interest in Meme coins has significantly decreased, while interest in Bitcoin has notably rebounded. This collective FUD is a healthy part of the cycle, and patient traders can take advantage of this extreme 'blood in the streets' to profit."