According to Santiment, Bitcoin staged a rebound, briefly testing the $94,600 mark and renewing trader interest. The price action coincided with rising social sentiment across Twitter, Reddit, and Telegram, where market participants called for bullishness and a potential break above nearby resistance. The development underscores how sentiment signals can influence short‑term liquidity and price discovery in the crypto market.

Santiment‘s Sentiment Indicator contrasts show: a spike in the blue bar reflects retail panic selling (FUD) or a move to break below—periods that can coincide with price advances due to retail capitulation. A jump in the red bar signals bullishness or FOMO, often leading to a pullback as traders chase prices higher. The data emphasize crowd psychology as a driver alongside on‑chain metrics, offering readers a grounded view of current sentiment instead of speculation.