Santiment: When retail investors panic sell, whales and sharks buy the dip and trigger a market rebound

ChainCatcher message, the cryptocurrency market research agency Santiment posted on the X platform that the cryptocurrency market further retraced this week, triggering panic among retail investors. Especially Bitcoin and Ethereum, which faced a large amount of panic selling from new traders who entered the market in the past 2-3 months.

These new traders have not previously experienced medium-sized corrections, and they feel panic in an unfamiliar foreign market environment. Historically, when retail investors start selling due to panic and emotions, whales and sharks usually seize the opportunity to buy more coins with less resistance, leading to a price rebound. This rebound may not happen immediately, but market conditions are moving in the right direction.