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Bitcoin's social-media bullish sentiment has surged to a 2026 high, with a bullish-to-bearish ratio of 2.23, according to Santiment.
š Key Highlights: ⢠Most bullish sentiment reading of the year ⢠Previous sentiment spikes were followed by short-term pullbacks ⢠Spot Bitcoin ETFs have recorded 10 straight days of outflows ⢠More than $2.97B has exited Bitcoin ETFs since May 15
ā ļø While social sentiment remains extremely positive, ETF investors continue to reduce exposure. Traders should watch for potential volatility and avoid trading based solely on market hype.
š° BTC Price: Monitor key support and resistance levels closely.š BITCOIN SENTIMENT SOARS!
š Bullish/Bearish Ratio: 2.23
š„ Highest Reading of 2026
ā ļø ETF Outflows: $2.97B+