Santiment: Market Sentiment Indicates Recent Rally as Bear Trap, Bullish Momentum Could Continue

BlockBeats News, April 15th, Cryptocurrency market research firm Santiment posted on social media that, alongside the market surge, retail investors are massively selling off Ethereum. In just the past two days, wallets holding 0.01 ETH or less have decreased by 1,791 ETH (worth $4.16 million). The general public views this 17% surge since March 29th as a bull trap, which ironically has strengthened the potential continuation of this bullish momentum.