Crypto entrepreneurs have sank into more negative emotions and deeper fear, uncertainty, and doubt (FUD), according to the Onchain’s analytics platform, but the analysts said it was probably temporary.
Singlent Says On an X post last Tuesday that at the price of Bitcoin (Btc) Falling, and the Altcoins passing through a period of time, entrepreneurs are increasingly talking about sale, less market sinking or a bear market.
It added that markets often “move to opposite the expectations of the majority,” so the last “few weeks of FUD is an encouraging sign that this terrifying huge retirement is not really going to happen.”
Crypto The sentiment on the market was slipped in fear on Sunday and showed signs that investors have been temporarily steps, according to Santiment.
Cointelegraph analysts said the negative emotions were likely to be passed as soon as possible, as the price of Bitcoin was recovering and a possible US rate cutting was at the end.
US CUT key CATALYST RATE FOR POSITIVITY
Some financial institutions and market analysts are profiling US Federal Reserve will slash interest rates At least twice in 2025.
PAV Hundal, lead market analyst with Australian crypto broker Swyftx, told Cointelegraph all eyes will be in the Fed meeting next week, with a cut of any kind that possibly be “the next major catalyst for the positive.”
He added concerns around the bond markets and the work openings caught the attention of the market, and resulted in a “healthy correction” after very high emotions.
“We have the Euphoria Index model that clearly shows the latest full BTC time is the product of a frothy market,” Hundal said.
“The round of Bitcoin’s 30-day performance is negative and suggests that we have been a correction, which will avoid many weak hands since we hit the $ 124,000 top.”
$ 117k breakout can i -on the bitcoin sentiment bullish
The Crypto Fear & Greed Index, which monitors wider Crypto Market emotion, is in “neutral” From Monday A few days later in “fear” and registering an average “lust” rating last month.
Charlie Sherry, head of finance at the BTC Markets Crypto Exchange, told Cointelegraph that the businessman’s sentiment tends to exceed the same direction. When entrepreneurs depend on the bearish excessively, it often mark the end of that move rather than the start.
“If Bitcoin reclaims $ 117,000, I think it will quickly return the emotion; we have seen the early signs of that in the recent Bitcoin bounce at the current levels,” Sherry said.
“Bitcoin broke the $ 100,000 barrier and now has a little question of ‘What’s next?’ The $ 200,000 is the next target high time target, but it certainly seems a long way off, the same time and smart in price, so there is more uncertainty.
Another factor that can swing the sentiment back to the positive is the crypto wealth, which has caused companies to a race to accumulate more crypto.
In one of the latest instances, the design and manufacturing of the forward industry said Monday that it has That -secure $ 1.65 billion cash and stablecoins To launch a solana (Sol) The Crypto Treasury approach is focused.
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“There is a potential for upside down in Solana’s treasury trade, but maybe the returns are more compressing than we have seen in Ether; but that’s a trend to watch that can make a positive look,” Sherry added.
Traders are more careful in September
Meanwhile, ZX Squared Capital Co-Founder and Chief Investment Officer CK Zheng told Cointelegraph that September, on average, has a history that “worst in terms of equity return. So people naturally tend to be more careful.”
However, he also thinks that the negative sentiment of the entrepreneur is only temporary and that a transfer depends on factors such as the consumer price index, the manufacturer’s price index, and how much US president’s tariffs impact Donald Trump.
In the past, Trump announced tariffs on a raft of countries, which laid down crypto prices and caused further losses when implemented.
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