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Santiment: A historic sense of panic is emerging on social media

Santiment: A historic sense of panic is emerging on social media

Bitget2024/07/05 05:57

Santiment posted on social media that a historic sense of panic has emerged on social media as the market continues to fall. On cryptocurrency forums, it's rare to see more mentions of "sell" than "buy" within an hour. But in the past 24 hours, there have been some such instances, including the largest ratio of negative comments to positive ones since 2024. For bold traders, this is an opportunity; some may wish to become true contrarian investors and buy when the crowd is angry and frustrated.

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