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
Bitcoin Hovers Near $75K as Whales Accumulate 270K BTC Over 30 Days, Largest Since 2013
Bitcoin nears $75,000, driven by significant whale accumulation of 270,000 BTC and low exchange reserves. Despite fluctuations and negative funding rates, it rebounded after geopolitical news, with futures inflows increasing since March.
GateNews1h ago
XRP Trading Volume Surges to $1.81B in Single Session, Holds Above $1.43
XRP trading volume reached $1.81 billion, driven by futures at $1.47 billion and spot trading at $341 million. Currently priced at $1.43, XRP is above the 200-day EMA, signaling bullish momentum and increased market participation.
GateNews3h ago
Dogecoin Holds $0.09 Support as $0.10 Breakout Looms
Dogecoin remains around $0.09, showing limited movement as traders await a clear breakout direction. Key support is at $0.08, with resistance at $0.10. Current technical indicators suggest a balanced market, but a decisive move is needed to shift momentum.
CryptoNewsLand3h ago
Chainlink Holds Near $9 as Traders Eye Break Above Key Levels
Key Insights:
Chainlink holds near $9.13 as positive funding rates show bullish sentiment, yet declining open interest signals reduced trader participation and weaker conviction.
Price remains below major moving averages, with resistance between $9.16 and $9.26 limiting upside despite
CryptoNewsLand3h ago
Chainlink Price Compresses Below $10 as Breakout Pressure Builds
Key Insights
Chainlink maintains higher lows within a tightening range, reflecting steady accumulation as buyers absorb selling pressure and prepare for a potential breakout move
Repeated resistance tests near $10 weaken supply levels while rising support strengthens demand, increasing the p
CryptoNewsLand4h ago
