According to a recent analysis by cryptocurrency market research firm Santiment, several major cryptocurrencies have seen a significant increase in negative sentiment among investors.
Cryptos like Chainlink (LINK), Ethereum (ETH), Bitcoin (BTC), Solana (SOL), and XRP (XRP) are among the assets that have experienced the sharpest downturn in sentiment during this mild crypto market correction.
However, analysts point out that historical trends suggest that when crowd sentiment reaches such low levels, it often presents a recovery opportunity. Santiment indicates that cryptocurrencies experiencing the most bearish sentiment may have a higher chance of seeing stronger value gains.
Santiment Reports Negative Sentiment Among Top Cryptos
According to Santiment, the top 20 cryptocurrencies currently facing the most negative sentiment are:
Chainlink (LINK)
Ethereum (ETH)
Bitcoin (BTC)
Solana (SOL)
XRP (XRP)
Optimism (OP)
Poligon (MATIC)
Sui (SUI)
Cronos (CRO)
Fantom (FTM)
Avalanche (AVAX)
Cardano (ADA)
Render (RNDR)
Floki (FLOKI)
Pepe (PEPE)
Toncoin (TON)
Filecoin (FIL)
Injective (INJ)
Shiba Inu (SHIB)
Tron (TRX)
As Turkish NY Radio highlights, the low sentiment among these cryptos could offer a potential window for investors to capitalize on price rebounds.