Santiment: Public opinion attributes the current cryptocurrency market crash to the "Trump trade war," and traders' reactions are generally negative

ChainCatcher news, according to an analysis by Santiment, due to a significant drop in global stock markets this week, the cryptocurrency market has also seen a decline. Public opinion seems to attribute the crash to "Trump's trade war." Whether this is the main reason or if there are other factors, the reaction from traders in the cryptocurrency community has been very negative.

Currently, BTC has rebounded to the $96,000 range, and it may not be over yet. However, is this surge intended to prompt "aggressive" retail traders to sell when the local bottom is reached? Historically, the market almost always moves in the opposite direction of public expectations, and there may be buying opportunities when most traders are skeptical about cryptocurrencies.