BlockBeats news, on November 13, the crypto market analysis agency Santiment published an article stating that as traders' fear sentiment continues to rise, the crypto market may see an “unexpected rebound” in November. Historical data shows that when the market is generally in panic, funds often flow from the “weak-willed” to long-term holders (i.e., “diamond hands”), thus accumulating momentum for a rebound. Santiment believes that the deterioration of this sentiment may actually be “good news for patient investors”, as when more panic selling occurs in the market, long-term holders will take the opportunity to accumulate. “When the public turns negative on assets, especially the highest market capitalization crypto assets, it usually means the market is approaching a capitulation point.” “Once retail investors sell, key holders will take the opportunity to absorb chips and push prices up. This is not a matter of 'whether it will happen', but rather 'when it will happen'.” Santiment's data shows that the overall sentiment towards crypto assets on social media has declined, but this actually represents a typical reverse signal.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bhutan Sells $18.46M Bitcoin as Price Nears $74k Resistance
The Royal Government of Bhutan transferred approximately 250 BTC worth $18.46 million in the past 24 hours, according to on-chain data from Arkham, continuing a broader pattern of reduced Bitcoin holdings. The transfers included 162 BTC and 69.7 BTC sent to new wallet addresses within a short
CryptoFrontier37m ago
PEPE Holds Key Range as $0.000005 Breakout Comes Into Focus
Key Insights:
PEPE trades in consolidation with neutral RSI and bearish MACD, signaling a potential buildup before a decisive directional move in coming sessions.
Analysts highlight a $0.000005 breakout level, representing nearly 50% upside if momentum shifts and buying volume strengthens
CryptoNewsLand56m ago
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand59m ago
World Liberty Financial Proposes Restructured Vesting for 62.28B WLFI Tokens With Up to 4.52B Burn
World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.
GateNews1h ago
Solana Adoption Surges to 167M While Usage and Price Diverge
Key Insights
Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends.
Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c
CryptoNewsLand1h ago
XRP Eyes Breakout as US Congress Revisits CLARITY Act
Key Insights:
XRP price faces a decisive week as the US Congress debates the CLARITY Act, with legislative progress likely to influence short-term market direction significantly.
Technical indicators highlight a potential breakout above $1.36, while mixed momentum signals suggest
CryptoNewsLand1h ago
