According to data shared by Santiment, Bitcoin retail sentiment has dropped to its most bearish level since early April, during the height of tariff-driven market fear.
According to data shared by Santiment, Bitcoin retail sentiment has dropped to its most bearish level since early April, during the height of tariff-driven market fear.
As of June 19, the ratio of bullish to bearish social media commentary sits at just 1.03 bullish comments for every 1 bearish, signaling growing impatience and doubt among traders.
This is the lowest sentiment ratio recorded since April 6, a period marked by peak FUD (fear, uncertainty, and doubt) following initial tariff reactions. Historically, such pessimistic sentiment tends to precede upward price action, as it often signals capitulation or a reset in bullish positioning.
“With crypto in a bit of a lull, traders are showing signs of impatience and bearish sentiment,” Santiment noted. “This is typically a bullish sign.”
The accompanying chart shows how past dips in the sentiment ratio have coincided with subsequent price recoveries, suggesting current market hesitation may be laying the groundwork for a potential rebound.
As Bitcoin continues to consolidate near the $105K level, Santiment’s data implies that negative sentiment from retail may be reaching exhaustion—a historically fertile ground for upward momentum.
Source: https://coindoo.com/bitcoin-retail-sentiment-hits-most-bearish-level-since-april/