Santiment: Public opinion attributes the current crypto market crash to "Trump's trade war", and traders generally react negatively
PANews reported on February 3 that according to Santiment's analysis, as global stock markets fell sharply this week, the cryptocurrency market also fell. Public opinion seems to blame the plunge on "Trump's trade war". Whether it is the main reason or there are other factors, traders in the cryptocurrency community have reacted very negatively.
Currently, BTC has rebounded to the $96,000 range and may not be over yet, but is this surge intended to allow "belligerent" retail traders to sell at the local bottom? Historically, the market almost always moves in the opposite direction of public expectations, and there may also be buying opportunities when most traders are skeptical about cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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