Bitcoin Sentiment Index Declines Amid Market Fluctuations

According to BlockBeats, CryptoQuant analyst Axel reported on social media that the Bitcoin Advanced Sentiment Index has dropped to approximately 46%, slightly below the neutral threshold of 50%. Earlier in June, market bullish sentiment surged above 80%, but the index has since declined. Despite a recent price rebound from $103,000 to $105,000, open interest and net buying volume have not provided effective support, with the volume difference remaining near zero. Currently, Bitcoin's price is fluctuating between $103,000 and $105,000, with no significant signs of new buying interest source: https://www.binance.com/en/square/post/25593250701761?utm_source=BinanceNewsRSS