Institution: Crypto market sentiment is sluggish, which may trigger an "unexpected rebound" this month.

BlockBeats news, on November 13, the crypto market analysis agency Santiment published an article stating that as traders' fear sentiment continues to rise, the crypto market may see an “unexpected rebound” in November. Historical data shows that when the market is generally in panic, funds often flow from the “weak-willed” to long-term holders (i.e., “diamond hands”), thus accumulating momentum for a rebound. Santiment believes that the deterioration of this sentiment may actually be “good news for patient investors”, as when more panic selling occurs in the market, long-term holders will take the opportunity to accumulate. “When the public turns negative on assets, especially the highest market capitalization crypto assets, it usually means the market is approaching a capitulation point.” “Once retail investors sell, key holders will take the opportunity to absorb chips and push prices up. This is not a matter of 'whether it will happen', but rather 'when it will happen'.” Santiment's data shows that the overall sentiment towards crypto assets on social media has declined, but this actually represents a typical reverse signal.