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Jak Crypto
📊 Bitcoin sentiment feels extremely weak right now.
Since entering the market in 2018, this is among the most pessimistic environments I've seen.
What's interesting is that $BTC is still holding around $63K.
The contrast stands out.
After the FTX collapse, Bitcoin traded near $16K, and during the COVID crash, fear was driven by obvious market shocks.
Today, the mood feels different.
Rather than panic, many participants appear exhausted and discouraged.
Recent headlines—from Strategy-related selling discussions to the Coldcard wallet incident—have weighed on confidence.
Yet despite the negative sentiment, Bitcoin has continued to hold a key price area.
That doesn't guarantee higher prices.
But when sentiment remains deeply negative while price shows resilience, it can suggest that selling pressure is being absorbed rather than accelerating.
Markets often become most interesting when price and sentiment stop moving in the same direction.
Whether this marks the foundation for the next move or simply another period of consolidation will depend on how Bitcoin responds to upcoming liquidity, macro, and institutional flow.
$BTC $ETH $BICO
#FedSplitGoesPublic #BigTechEarningsWatch #PalantirBeatAndRaise
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