BTC may see short-term rebound amid peak FUD, Santiment says

Santiment noted on X that while fear, uncertainty, and doubt (FUD) have spread across the cryptocurrency market, this often precedes a short-term rebound. The analytics firm explained that with BTC down approximately 16% since Jan. 28, FUD is proliferating on social media. According to social data, retail investor sentiment is at its most bearish level since the sharp decline on Nov. 21 of last year. Santiment added that such peaks in negative public opinion are typically followed by short-term relief rallies.