Analysis: Bitcoin panic sentiment rises, but after selling pressure is released, buying interest may return

Odaily Planet Daily reported that the on-chain data analysis platform Santiment revealed that the proportion of panic discussions about Bitcoin on social media has risen to its highest level since 2026, while market sentiment indicators have fallen to their lowest since November last year. The overall atmosphere has shifted from cautious to明显恐慌. The current market is in a de-risking phase, with stock markets and precious metals experiencing pullbacks after previous gains. Cross-market liquidity contraction and cooling leverage may continue to impact the crypto market trend. However, a sharp deterioration in sentiment often approaches a phase of “capitulation sell-off,” where retail investors exit under pressure, and long-term funds usually choose to absorb at lows. If Bitcoin prices gradually stabilize, the current pessimism could quickly reverse and drive subsequent buying interest. Analysis indicates that if macro market volatility persists or Bitcoin fails to recover key levels that traders focus on, panic sentiment may continue for several days, and short-term trends may remain volatile. (CoinDesk)