Santiment: Market sentiment hits a year-to-date low, institutional positioning shows long-term confidence remains, releasing bullish signals

The cryptocurrency data analysis platform Santiment released its latest report indicating that the cryptocurrency market sentiment indicator "Fear and Greed Index" has dropped to 16, the lowest level since 2026, and it is the first time it has reached this range since mid-December last year, currently slightly rebounding to 20. At present, bearish comments on social platforms far outnumber bullish views, but this extreme negative sentiment actually constitutes one of the few remaining strong bullish signals with reference value, as historical experience shows that when the market generally expects prices to continue falling, it often creates conditions for subsequent rebounds. The persistent fear sentiment may be laying the groundwork for a market reversal.

Coinbase's Chief Business Officer Shan Aggarwal pointed out that despite the weak market sentiment, traditional financial institutions, including Mastercard, PayPal, American Express, and JPMorgan Chase, are continuously posting cryptocurrency-related job openings, indicating that industry infrastructure is still being developed.