Bitcoin's Latest Flush Leaves Retail Traders Reeling!
๐ Bitcoin just dropped -4.5% in the span of just 2 hours, falling to a market value of $64.2K for the first time since February 5th. ๐ Many longs have gotten
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๐ Bitcoin just dropped -4.5% in the span of just 2 hours, falling to a market value of $64.2K for the first time since February 5th.
๐ Many longs have gotten liquidated, and 19.5B, under half of the 2026 peak of $38.3B back on January 14th.
๐ก Despite this retrace occurring late Sunday night in the US (a typically low social volume time of the week across social media), negative sentiment has skyrocketed to a 2-week high. With the $65K support level breached, retail has quickly gone into FUD mode, which can historically help propel a quick rebound.
๐ง Track how negative sentiment and open interest change on this handy Santiment chart!
๐ธ Instantly grab a FREE 2-week trial to unlock real-time, up to date data on Santiment here!
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