Wu said that according to Santiment monitoring, the proportion of bearish discussions about Bitcoin on major social platforms has reached a new high since February 28. On Saturday, the ratio of bullish to bearish comments was only 0.81:1, the lowest in 5 weeks. Santiment stated that despite the current market facing macro uncertainties, market trends often go against public expectations, and the emergence of extreme FUD (fear, uncertainty, doubt) is often a sign that the market is about to turn positive.

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