Santiment Warns Bullish Crypto Talk Could Trigger Quick Bitcoin Reversal Near $80,628

Santiment said crypto bullish talk has surged while warning that a rally driven by bullish sentiment may be vulnerable to a quick reversal, with the ratio of bullish to bearish crypto-related comments among active accounts sitting around 1.5 to 1.

“the ratio of bullish to bearish crypto-related comments among active accounts tracked across major platforms sits around 1.5 to 1”

MEXC

In the same briefing, Santiment said Bitcoin has climbed about 11.5% over the past 30 days and was trading near $80,628 at the time of writing, according to CoinMarketCap.

Bitcoin Sistemi

Santiment also tied the risk to crowd behavior, saying a rally fueled by a confident crowd frequently fades as positions become crowded and momentum slows.

The article further linked near-term hesitation to exchange supply, noting that the amount of Bitcoin held on exchanges ticked up over the past several days after a prolonged period of declines.

Against that backdrop, MN Trading Capital founder Michael van de Poppe said he “would not be surprised to see Bitcoin retest the $70,000–$75,000 zone before continuing higher,” while Crypto strategist Matthew Hyland suggested Bitcoin could reach roughly $87,000 to $95,000 before June.

Cointelegraph reported that Santiment said the best scenario for Bitcoin right now is not to break out further, adding that its ideal setup is a pullback to $75k that flushes late longs, resets sentiment, and builds a healthier base.

Santiment also pointed to a recent increase in Bitcoin supply on crypto exchanges, saying the reversal could indicate early profit-taking as on-chain activity remains broadly quiet.

CoinDesk

In parallel, The Economic Times said Bitcoin stayed mostly flat near the $80,000 mark on Friday after facing rejection around $82,500, and it attributed the shift to traders locking in profits after a strong rally.

The Economic Times also tied the cautious sentiment to US-listed spot Bitcoin ETFs, saying they saw net outflows of $268 million on Thursday.

Separately, MEXC said Bitcoin’s price action sits alongside a sentiment backdrop that remains mixed and that even an elevated price level does not guarantee a sustained breakout if crowd psychology shifts toward caution.

The Economic Times said the global crypto market capitalisation went up 1.35% to $2.68 trillion, and it reported that in the past week Bitcoin and Ethereum gained 2.76% and 0.73% respectively.

“went up 1.35% to $2.68 trillion”

The Economic Times

It also said among major altcoins, XRP, BNB, Solana, Tron, Dogecoin, Hyperliquid and Cardano rallied up to 12.23%, while WazirX Market’s Desk said crypto markets remained resilient despite macroeconomic uncertainty and geopolitical tensions.

In a different technical framing, MEXC said ChartNerdTA flagged $80K as the last defense before mid-70s risk with $84K in play if bulls hold, after Bitcoin slipped below the lower bound of a 4-hour parallel channel.

ChartNerdTA’s analysis in that report identified the 0.382 level near $79,511 and the 0.5 Fib near $75,376 as reference zones, warning that a clean sweep below both levels would raise the probability of a full trend reversal.

Meanwhile, Cointelegraph quoted Santiment again, saying its ideal setup is a pullback to $75k, and it also reported that MN Trading Capital founder Michael van de Poppe “wouldn't be surprised” by a retest of $70-75K before Bitcoin continues to run.