According to Santiment data, the ratio of bullish to bearish comments on Bitcoin social media has risen to 2.23:1, the highest level since 2026. Santiment pointed out that the two previous similar extreme optimistic sentiments this year were followed by short-term pullbacks, while extremely pessimistic sentiments often correspond to local bottoms. Meanwhile, the US spot Bitcoin ETF has experienced net outflows for 10 consecutive trading days, with a total net outflow of over $2.97 billion since May 15.

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WalletHealthInspector
· 5h ago
The sentiment indicator has reached 2.23. After the last two times of such excitement, it pulled back. Will this time's script be the same?
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NightAuditBuddy
· 18h ago
This 2.97 billion net outflow is real money, social media sentiment is just noise.
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ElevatorMeme
· 18h ago
Data belongs to data, my wallet belongs to my wallet, everyone does their own thing.
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GateUser-f7b40cee
· 18h ago
After the first two callbacks? It went higher, so what's there to be afraid of? Hold on tight.
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LendingPoolObserver
· 18h ago
Institutions pushing retail investors in, a classic mutual insult segment, I stand on the institution's side.
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BridgeHopster
· 18h ago
Highest since 2026? I’ll trim my position first and wait; anyway, I’m not too bothered about missing out on the move.
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DrawTheCandlestickChartIn
· 18h ago
I've been watching Santiment's data for a long time. Extreme optimism = short-term top, like rowing a boat to seek a sword, but still useful.
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