Analysis: Bitcoin Fear Rises, But Buying Pressure May Return After Selling Pressure Is Released

Odaily reports, on-chain data analysis platform Santiment disclosed that the current proportion of panic discussions about Bitcoin on social media has risen to its highest level since 2026, while market sentiment indicators have dropped to their lowest point since last November. The overall atmosphere has shifted from cautious to clearly panicked. The overall market is currently in a de-risking phase; after previous gains, stocks and precious metals have also seen pullbacks. Cross-market liquidity contraction and cooling leveraged funds may continue to affect the crypto market's trajectory. However, sharp deterioration in sentiment often approaches a phased "capitulation sell-off." When retail investors exit under pressure, long-term capital typically chooses to accumulate at low levels. If the Bitcoin price gradually stabilizes, the current pessimistic sentiment could quickly reverse and drive subsequent buying pressure to return. The analysis points out that if macro market volatility persists, or if Bitcoin fails to reclaim key price levels watched by traders, panic sentiment could still last for several days, and short-term price action may remain choppy. (CoinDesk)