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Santiment: Retail investor sentiment has turned extremely bearish, which may be a signal for a market reversal.
Odaily News Santiment data shows that after Bitcoin fell below $113,000 and failed to sustain a rebound, retail investor sentiment plummeted in the past 24 hours, reaching its lowest level since the selling wave triggered by the geopolitical conflict on June 22. Historically, extreme pessimism often provides patient investors with opportunities to buy the dip or increase the position, and market trends usually go against the public expectation.