Santiment: Fear sentiment is not sufficient to confirm a bottom, BTC still has room to fall

According to TechFlow, on December 21, data analysis from Santiment indicates that current market sentiment has not yet shown enough fear to confirm a bottom formation. The data shows that sentiment in the crypto market on social media remains pessimistic, but not extremely so, which means there is still potential for further downside in bitcoin prices, with a drop to around the $75,000 range considered a possible scenario. Observers point out that optimism among current market participants regarding a rebound is relatively high, which historically is not a typical characteristic of a confirmed bottom. The overall sentiment and fear indicators still reflect caution and uncertainty.