Santiment: Bitcoin Bounce Fails to Mask Market Fear, Sustained Rebound Probability May Increase

BlockBeats News, February 11th, Crypto market research firm Santiment posted on social media that Bitcoin has rebounded from last weekend's drop to $60,000. According to social media data analysis, bearish sentiment in the market remains high compared to bullish sentiment. With retail investors generally staying pessimistic, data indicates that the average investor is still reluctant to buy at the current price level, while key BTC whales are able to accumulate calmly with little resistance. Historically, during times of high market panic, the probability of a price rebound significantly increases.