According to BlockBeats news, on December 10th, crypto market analysis agency Santiment published an article stating that Bitcoin rebounded today and once returned to the $94,600 mark, which reignited the enthusiasm of traders, causing them to follow the trend and buy in anticipation of further price increases due to fear of shorting. According to data scraped from social media such as X, Reddit, Telegram, and others, calls for “bullishness” and “breakout above” have seen explosive growth. Santiment Sentiment Indicator Analysis: · A high blue histogram represents a general call for “bearish” or “below the market” and usually reflects retail panic (FUD) – when prices tend to rise due to retail selling. A high red histogram represents a general call for “bullish” or “breakout above,” often reflecting a fear of short selling (FOMO) – when prices tend to pull back as retail investors chase higher.
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