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Crypto Retail Fear Spikes as Bitcoin Bearish Social Ratio Drops to 0.82

Retail sentiment for Bitcoin, Ethereum, and XRP has shifted deeply negative, with bearish social media comments outnumbering bullish ones across platforms like X, Reddit, and Telegram. Santiment reported Bitcoin's bullish-to-bearish commentary ratio fell to 0.82, while Ethereum logged 0.88 and XRP sank to 0.49. The sentiment slump followed a market pullback below $74,000, triggering $356.16 million in total crypto liquidations over 24 hours, including $280.40 million in long positions. Analysts note such widespread pessimism often acts as a contrarian buy indicator, though Bitfinex points to overhead resistance between $75,900 and $77,500.

Category

Bitcoin

Sentiment

Bearish

Event

Analyst flows

Reading time

1 min