Crypto “Dead” Chatter Hits Highest Level Since February As Contrarian Signal Flashes
Crypto traders are showing their highest level of pessimism since mid-February, creating a contrarian sentiment signal just as Bitcoin and major altcoins trade under heavy pressure. A new Santiment social-dominance reading shows rising discussion around Bitcoin, altcoins and cryptocurrency alongside words such as dead, finished, gone, over and ending. The spike suggests the crowd is increasingly treating the latest selloff as a deeper failure rather than a normal correction.