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

BTC-3,55%
ETH-3,71%
XRP-2,07%

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.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Mining Costs Surge Past $70K – Is DOGEBALL the Next 100x Crypto to Buy While Toncoin Targets $3?

The search for the next 100x crypto to buy often intensifies when market dynamics shift. Recent industry data shows that Bitcoin mining costs have surged past $70,000, while major Wall Street firms are increasingly funding mining companies exploring AI infrastructure as an alternative revenue

CaptainAltcoin19m ago

West Main Self Storage Boosts Bitcoin Treasury To 3.345 BTC

Bitcoin continues to reshape how companies manage corporate reserves. A growing number of businesses now view digital assets as strategic treasury tools. West Main Self Storage recently strengthened that trend with another Bitcoin purchase. The company added 0.145 BTC to

Coinfomania26m ago

Crypto Social Trends: Bitcoin and Ethereum Drive Conversation Across Layer-1 Ecosystem

According to a new crypto social activity report by Phoenix Group, the performance of large Layer-1 blockchain networks in online conversations and engagement is rising. The ranking, released on March 6, 2026, prioritizes the most active blockchain ecosystems in terms of social interactions and

BlockChainReporter55m ago
Comment
0/400
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.
View OriginalReply1