Santiment: Rising fear amid BTC drop could signal rebound

Bearish sentiment has spread across social media as Bitcoin fell to the $76,000 level, crypto analytics firm Santiment noted on X. According to its on-chain data, bearish commentary has surpassed bullish sentiment for the first time since April 21. Santiment added that since markets often move contrary to crowd sentiment, an increase in fear-based selling from retail investors could raise the probability of a short-term price rebound.