The crypto could see an “unpredictable November rally” with the latest indications that traders are increasingly panicking, resulting in money shifting from typically weak hands to long-term hoarders.
Social media comments about Bitcoin (BTC) are evenly split between bullish and bearish, while Ether (ETH) has just over 50% bullish versus bearish comments. Both are below normal, sentiment said In an ex-post on Wednesday.
At the same time, less than half of social media comments about XRP (XRP) are bullish, making this one of the most “scary moments” of 2025 for the token.
Sales can be a plus for the market
Crypto market sentiment is fearful as the broader market declines. Analysts have attributed this to a number of economic factors, such as traders shifting to assets with clear exposure to economic policies and credit flows, as the US government shutdown ends.
The Crypto Fear and Greed Index, which tracks overall market sentiment, came back Thursday’s score was 15 out of 100, marking “extreme fear” after March.
The Bitcoin Growth Consortium, which heads Bitcoin Growth in Trading and Liquidity Protocol Horizons, said The overall sentiment among traders is at the same level as in 2022, when bitcoin was around $18,000, citing Glassnode data.
However, Sentiment said traders’ exploratory mood could be “welcome to the patient” and fuel an “unexpected November rally,” as there are more holders of diamond hands selling weaker hands.
“When the crowd turns negative on assets, especially top market caps in crypto, it’s an indication that we’re approaching the point of capitalization,” Sentiment said.
“Once retail is sold, key stakeholders eliminate dropped coins and pump prices. It’s not a matter of if it’s not the case, but when it will be next.”
Samson Moo, founder of bitcoin technology infrastructure company Gen3, who argued that the bitcoin bull run had not yet begun last week, echoed a similar sentiment on Tuesday, claiming that “new buyers” were simply selling and that traders with long-term holding plans were using it as an opportunity to stack more crypto in their wallets.
Related: Bitcoin Wheel and Retail Major ‘Divergence’ Is a Warning Sign: Sentiment
Holders end coins with confinement
Mowing the grass Argument The selling pressure is coming from those who bought bitcoin in the past 12 to 18 months and are taking profits on fears that the cycle is topping out.
“These are not bitcoin buyers from first principles, but speculators who follow the news,” he said.
“This group of sellers is also gone, and the convicted hodlers have now taken their coins, which is always the best case. 2026 is going to be a great year. Plan accordingly.”
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