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

BTC3%
ETH3,58%
XRP2,66%

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 Policy Institute calls for revising U.S. tax rules that currently treat all BTC payments as capital gains

Gate News reports that on March 13, the Bitcoin Policy Institute called for modifications to current U.S. tax rules. Under existing regulations, all payments made using BTC are treated as capital gains transactions, requiring the payment of corresponding taxes. The institute argues that this regulation limits the practical application of Bitcoin as a means of payment.

GateNews17m ago

Surviving Oscillating Markets: How Retail Investors Can Minimize Losses? Capital Flow Trends and Practical Guide

Author: MyToken In the crypto market, sentiment often emerges more easily than logic. When "volatility" becomes the norm for the broader market and "anxiety" becomes the prevailing mindset among retail investors, a discussion on how to "lose less money" carries more practical significance than any macro narrative presentation. Recently, the renowned data aggregation platform MyToken hosted an AMA event themed "In the Current Market, How Can Retail Investors Lose Less Money? Capital Flow and Practical Guide." The event invited independent trader BTC Bull Demon King and KTX Exchange CMO Christine, who provided puzzled investors with a practical "survival guide" from the perspectives of independent traders and trading platforms respectively. Below is a highlight recap of this AMA. --- Market Phase Consensus: Stop Fantasizing About a Bull Run, This is a "Consolidation Phase" Market positioning is a relatively important issue, as it directly determines the next

PANews47m ago

Bitcoin to Reach Gold’s Market Cap in 15 Years, Scaramucci Predicts; How Much Would BTC Cost Then? - U.Today

Anthony Scaramucci expressed strong confidence in Bitcoin, stating it's his largest investment. He predicts it could reach gold's value, potentially hitting $1.5 million per coin in 10-15 years. Tim Draper also forecasts significant Bitcoin price increases, emphasizing its limited supply.

UToday1h ago

Bitcoin Breaks Through $72,000, Futures Open Interest Reaches $107.6 Billion, Hitting Recent High

Bitcoin rose approximately 2% on March 13, breaking through $72,000 despite strong dollar performance and weakness in US stock futures. Crypto futures open interest across the market increased, with Bitcoin and Ethereum showing particularly strong performance. Meanwhile, the Trump-themed Meme coin TRUMP surged over 30%.

GateNews1h 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