Santiment: Bottom-hunting sentiment has reached a new high since July last year, but it is recommended to bottom-hunt after the sentiment subsides.

CoinRank News: According to Santiment analysis, discussions on social media about bottom fishing cryptocurrencies surged between February 25 and 26, reaching a new high since July last year. In particular, investor confidence was high after the price of Bitcoin fell below $80,000. However, Santiment warned that this surge of interest does not necessarily mean that the market bottom has been reached, but may mean that the market is moving in the opposite direction of expectations. Santiment suggested that investors should wait for market sentiment to cool down, believing that the real bottom fishing opportunity will appear when market sentiment subsides. At the same time, Google Trends data shows that searches related to bottom fishing have fallen after reaching a peak on February 26.