Santiment’s weekly market summary noted that Bitcoin ETFs experienced net outflows in 9 of the past 10 trading days, with Bitcoin’s current price around $77,500; it views this as a sign of weakening retail confidence. Meanwhile, Ethereum market sentiment has dropped to its lowest level since 2023, but its non-zero address count has reached 192.92 million—more than three times the approximately 59 million non-zero Bitcoin addresses. Santiment also highlighted that the current ratio of bullish to bearish comments on Bitcoin has risen to 2.23, the highest level since 2026, and historically, such elevated sentiment often precedes short-term pullbacks.
Santiment: Bitcoin ETFs Experience Net Outflows on 9 of 10 Days, Ethereum Sentiment Reaches 2023 Low
TechFlowShare
Summary
Market sentiment for Bitcoin shows mixed signals, as ETFs recorded net outflows on 9 of the last 10 days, according to Santiment. Bitcoin news reports the price at $77,500, with declining retail confidence noted. Ethereum’s market sentiment reached a 2023 low, despite having 192.92 million non-zero addresses. Santiment also highlighted a bullish-to-bearish comment ratio of 2.23 for Bitcoin—the highest since 2026—a level often observed prior to short-term corrections.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.