Santiment Santiment says that the increasing number of “DIP” on social media after Bitcoin decreased by 5 % during the past week may indicate, along with more places in the encryption market, says Santiment Santiment.
“In general, it is clear, in the market, people get Antsy and try to find some of the entry places now after the prices are returned a little,” Santimi Brian Quinvan analyst He said In a video posted on YouTube on Saturday.
Santim He said In a separate report, it was published on the same day that social media is greatly mentioned “the purchase of” DIP “amid the contraction of the encryption market, which may be a mark warning sign.
Do not explain the “purchase of gossip” as a final signal. The real market floor often coincides with the wide fear and lack of interest in purchase.
“The real bottom is often formed when the crowd loses hope and is afraid of buying,” Santem added.
Feelings are recovered as traders expect the Altcoin season
The total number of the encryption market is $ 3.79 trillion at the time of publication, as it decreased by approximately 6.18 % during the past seven days, According to To Coinmarketcap.
Meanwhile, Bitcoin (BTCIt is circulated at $ 108,748 at the time of publication, as it decreased about 5 % during the same period. On August 14, Bitcoin reached a new rise of $ 12,4128.
It is often paid between the encryption analysts that the prices Move for a retail merchants Expect, history shows that when more people believe that the market has reached down, it can actually indicate more negative side.
Slowly recover the market, with fear and greed index Return to “neutral” in 48 out of 100 on Sunday, after “fear” was flooded in 39 out of 100 the day before.
Some traders speculate that the decline in the encryption market is one of its highest levels in the last Bitcoin can be a sign that the long -awaited Altcoin season is approaching.
“You may come close to mega altseason”.
Ambolic encryption tradition Duplicate In the X Publishing on the same day that “Altcoins is now more famous ever.”
“Even during Covid, FTX wars or tariff wars, they were not in this regard,” the trader said, indicating that it may be a sign of “Mega Altseason” similar to the big marches for the year 2017 and 2021.
Related to: “There is no doubt that Bitcoin is hitting a million dollars” – Eric Trump at BTC ASIA 2025
On Thursday, Altcoin season in CoinMarkketCAP index He moved from the “Bitcoin Season” to the “Altcoin season”, as it reached a degree of 60 out of 100 publication.
Meanwhile, AK47 coding dealer He saidWith a “possible federal reserve price and Etf Altcoin approval this autumn, the next gathering can be huge.”
Fedwatch CME tool He appears Market participants see an 86.4 % chance of interest rates in the American Federal Reserve for the first time this year in September, which is usually seen as a bullish reference to encryption as investors are looking for higher returns in the most dangerous assets.
magazine: The only thing that all six global encryption centers share …
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