🟠 Santiment: FOMO in the market is intensifying — the crowd is getting greedy, but is it worth celebrating?
According to fresh data from the analytical platform Santiment, there is a rapid increase in FOMO — the fear of missing out on profits — within the cryptocurrency community. Market participants' sentiments have sharply changed: while just a few weeks ago there were concerns and caution, now slogans like "Bitcoin at $120,000 is just the beginning" are becoming more common.
📈 The main surge of enthusiasm occurred on July 1, when the price of BTC approached the $110,000 mark. Goals of $120K, $140K, and even $160K are actively discussed on social media and forums, and some analysts are already talking about the "second phase of the bull market."
📊 The growth of positive sentiment is also confirmed by social media analysis data: mentions of BTC, positive rhetoric, and interest in options contracts with high strikes ($120K–160K) are at multi-month peaks. This may indicate overheating of short-term expectations.
⚠️ What does this mean for investors?
— Price increases come with increased risk.
— Investment decisions should not be made based on the emotions of the majority.
— A correction can occur suddenly😏
