⚠ Santiment: the crowd has fallen into maximum bullish optimism about Bitcoin since 2024
Against the backdrop of BTC growth, bullish sentiment has sharply intensified and significantly surpassed bearish sentiment.
• Open interest (the volume of outstanding futures contracts) rose by 7.6%, to approximately $156B, even despite widespread short liquidations: meaning traders aren’t cooling off—they’re entering new leveraged positions
• A similar FOMO wave on August 19–20 temporarily halted the rally, and on September 21 there was the biggest surge in bullish sentiment since December 2024
The crypto market usually punishes synchronized crowd confidence: both excessive fear and excessive optimism most often appear right before a reversal.
🔥 Free course on how to earn money in crypto
Against the backdrop of BTC growth, bullish sentiment has sharply intensified and significantly surpassed bearish sentiment.
• Open interest (the volume of outstanding futures contracts) rose by 7.6%, to approximately $156B, even despite widespread short liquidations: meaning traders aren’t cooling off—they’re entering new leveraged positions
• A similar FOMO wave on August 19–20 temporarily halted the rally, and on September 21 there was the biggest surge in bullish sentiment since December 2024
The crypto market usually punishes synchronized crowd confidence: both excessive fear and excessive optimism most often appear right before a reversal.
🔥 Free course on how to earn money in crypto
