According to ChainCatcher and Cryptodnes, the blockchain intelligence platform Santiment states that retail investors' sentiment is deteriorating, which could have a positive impact on Bitcoin.
Although retail investors' sentiment may have a short-term impact on the market, analysts believe that this sentiment shift could signal a potential rebound in Bitcoin prices. This sentiment change may be related to the market's perception of Bitcoin's long-term investment value, especially in the context of increasing institutional investor demand.