Market Sentiment Shifts Bearish Amid Potential Reversal, Analyst Suggests

According to BlockBeats, CryptoQuant analyst Darkfost has observed a shift in market consensus towards a bearish outlook. He notes that when a strong consensus forms, the market often reverses, indicating that the majority may be incorrect. Darkfost highlights that similar situations occurred between July and October 2024, and February to April 2025. These phases tend to last for a while, especially during prolonged bear market cycles. Since early November, the market has just begun entering this phase, suggesting there is no need to rush. However, turning bearish now might be too late. Despite the indicator leaning towards a bullish stance, caution and patience remain crucial in a bear market environment.