Santiment: Bitcoin and Ethereum market sentiment remains subdued, while XRP traders' confidence is rising against the trend

BTC1,3%
ETH3,17%
XRP0,22%

Although Bitcoin’s price once approached $70,000 and Ethereum fell to around $2,099, the latest data from Santiment shows that overall market sentiment continues to worsen, but XRP traders remain relatively optimistic. Social media analysis indicates that XRP’s positive/negative sentiment score is 2.19, significantly higher than Ethereum’s 1.08 and Bitcoin’s 0.80, representing increases of 103% and 173% respectively, suggesting that investors have a more positive outlook on XRP.

According to CoinMarketCap data, over the past seven days, Bitcoin and Ethereum have declined by approximately 4.97% and 4.92%, respectively, while XRP has decreased by 6.82% during the same period. Swyftx Chief Analyst Pav Hundal pointed out that XRP holders are more resilient to market volatility and remain confident in the fundamentals, so even if prices fall, they are not in a rush to sell.

Santiment believes that the current market panic could present short-term rebound opportunities. Analysis indicates that as long as small investors remain cautious about the crypto market, there is still potential for short-term upward movement. The Fear & Greed Index from Alternative.me shows that current market sentiment is extremely cautious, with a score of only 12, the lowest since mid-December last year.

Meanwhile, CoinMarketCap’s Altcoin Season Index indicates that investors still favor Bitcoin, with a score of 32 (out of 100), suggesting that risk appetite in the market has not fully recovered. Bitwise Chief Investment Officer Matt Hougan stated on X that the crypto market has been in a full winter since January 2025, and the current stage may be closer to the end of winter.

Overall, despite downward pressure on Bitcoin and Ethereum, XRP still shows strong resilience in the short term. Market attention is focused on sentiment shifts and short-term rebound opportunities, which could serve as key signals for investors to adjust their positions and strategies.

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Coinfomania44m ago
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MountainOfBooksvip
· 02-05 06:09
Despite Bitcoin and Ethereum facing downward pressure, XRP still shows strong resilience in the short term. Market attention is focused on sentiment changes and short-term rebound opportunities, which could become key signals for investors to adjust their positions and strategies.
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