BREAKING
102d 4h ago

Bitcoin Sentiment Slumps to New Lows Among Asian Crypto-Native Investors, Echoing 2022 Downturn

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, October 30, cited remarks from DeFiance Capital founder Arthur, who posted on social media that the speculative sentiment of Asian crypto-native users has hit a new low this cycle, and we haven’t seen such poor market sentiment and performance since 2022. The commentary signals a renewed risk-off stance among regional participants, aligning with broader macro signals that dampen appetite for risky assets in the current cycle.

Analysts caution that a dip in Asian market sentiment may influence liquidity and positioning across DeFi ecosystems and other crypto sectors. Investors should weigh corroborating on-chain metrics and macro developments, using this remark as a qualitative gauge rather than a forecast, to shape risk management and diversification strategies in evolving markets.

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