rebotecripto

Bitcoin, Ethereum and XRP fall into pessimism as rebound expectations grow

Sentiment around bitcoin, Ether and XRP has fallen into bearish territory, fueling hopes of a countertrend rebound. However, the fear seen on social media does not show that selling has ended: the real signal will come from the return of spot demand.

Pessimism dominates discussions about Bitcoin, Ether and XRP, according to Santiment.

XRP shows the most negative sentiment, with only 49 bullish comments for every 100 bearish ones.

This widespread fear could favor a rebound, without guaranteeing the end of selling.

ETF outflows and whale selling continue to weigh on Bitcoin and Ether.

A sustained rebound will require the return of spot buying, ETF inflows and breaking through resistance.

Bitcoin, Ether and XRP sink into pessimism

Santiment has analyzed discussions posted on X, Reddit, Telegram and other platforms. As of November 10, negative comments dominated for the three major cryptocurrencies tracked, with a particularly strong deterioration for XRP.

The ratios measure the number of bullish comments for each bearish comment. The results show three levels of distrust:

Bitcoin shows 0.82 bullish comment per bearish comment;

Ether has a slightly higher ratio of 0.88;

XRP falls to 0.49, that is, only 49 positive comments for every 100 negative ones;

A ratio below 1 means that pessimism dominates the discussions.

$BTC
$ETH
$XRP
#ReboteCripto

$PEPE acaba finishing compacting your floor and within the next few hours you could be reaching the line of 0.0000031; that point is key because if it manages to make a floor in that area it could be strongly rising upwards. The King could be waking up.
#PEPE‏ #ReboteCripto #alcista

$PLUME If the Rsi does not go below 50, we have a technical rebound #ReboteCripto 🙂