Santiment: sentiment has reached a new high since July last year, but it is recommended to catch the bottom after the sentiment subsides

Odaily Planet Daily News According to Santiment analysis, from February 25th to 26th, discussions about “catch the bottom” Cryptocurrency on social media surged to a new high since July last year. Especially after the BTC price fell below $80,000, investor confidence soared. However, Santiment warned that this surge of interest does not necessarily mean the market has bottomed out, but rather may indicate the market’s trend is opposite to expectations. Santiment suggests that investors should wait for the market sentiment to cool down and believes that the real ‘buy the dip’ opportunity will come when the market sentiment subsides. At the same time, Google Trends data shows that searches related to ‘buy the dip’ peaked on February 26 and have since declined.