Santiment: The ongoing extreme panic in the crypto market is a "strong bullish" signal

PANews January 31 News, according to Cointelegraph, the cryptocurrency analysis platform Santiment states that the decline in crypto market sentiment to its lowest point of the year may be one of the few signs of a potential rebound. “Currently, this sentiment data is one of the few strong bullish signals. The extreme negative sentiment on social media also offers a glimmer of hope. The ratio of bearish to bullish comments is heavily skewed towards fear.” Santiment said that the ongoing panic sentiment in the market could indicate an imminent market reversal.

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