Santiment: Retail Investor Sentiment Shifts to Extreme Bearish, Potentially Signaling Market Reversal

BlockBeats News, August 20th, Santiment data shows that after Bitcoin fell below $113,000 and failed to sustain a rebound, retail traders' sentiment plummeted in the past 24 hours, reaching the lowest level since the sell-off triggered by the June 22nd geopolitical conflict.

Santiment stated that historically, extreme bearish sentiment often provides patient investors with opportunities to buy the dip or accumulate, and market trends usually unfold contrary to popular expectations.