Santiment sees rebound potential as retail fear deepens in crypto

Retail investor sentiment toward Bitcoin, Ethereum and XRP has weakened, according to social media data cited by on-chain analytics firm Santiment. The firm said data from major platforms including X, Reddit and Telegram put the ratio of bullish to bearish views at 0.82 for Bitcoin, 0.88 for Ethereum and 0.49 for XRP. Santiment said pessimism among retail investors could instead raise the likelihood of a rebound in the crypto market. The firm added that rallies in major cryptocurrencies have often started not when investor optimism was spreading, but when fear was intensifying, loss-taking selling was emerging and concerns about further declines were growing. If bearish expectations continue to outweigh bullish ones across major cryptocurrencies, a strong market rebound may lie ahead, according to Santiment.