Odaily Planet Daily reports that Santiment posted on X stating that after Bitcoin rebounded from last week’s $60,000 decline, social data shows that the number of bearish posts still far exceeds bullish posts. Due to the continued pessimistic market sentiment, retail investors are hesitant to buy at current prices, while key BTC stakeholders are buying with little resistance. Historically, when market panic is high, the likelihood of a price rebound increases.
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