Crypto analytics firm Santiment has observed a significant increase in retail investor discussions about 'buying the dip' after a recent market pullback. According to Santiment, historical trends indicate that heightened 'dip-buying' sentiment often leads to a short-term rebound, which is then followed by more substantial downward pressure. The firm suggests that the best buying opportunities arise when market optimism is low, and a genuine rebound is more likely when fear of missing out (FOMO) shifts to fear, uncertainty, and doubt (FUD).
Santiment Warns 'Buy the Dip' Sentiment May Indicate Further Downside
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
