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Santiment: BTC social discussion heat reaches a 4-month high, with the probability of a market reversal rising significantly
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ChainCatcher reported that the crypto sentiment analysis platform Santiment pointed out that discussions about bitcoin on social platforms have surged. Although this is not necessarily a signal that the crypto market has bottomed out, the probability of a market reversal is significantly increasing.
When bitcoin's price fell below $95,000 this Friday, the discussion heat reached a new four-month high, indicating that retail investors' extreme panic and FUD sentiment are breaking out across the board.
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