The social sentiment around Bitcoin has fallen to a five-year low. When will FOMO trigger a new round of BTC bull run?

Despite Bitcoin (BTC) prices once again approaching $117,000, the market has shown a rare divergence: the social sentiment indicator risk value is only 0.039, marking a new five-year low. This phenomenon indicates that, compared to the frenzy during past bull run peaks, current market participation and public enthusiasm are significantly lacking. This article will analyze the underlying logic behind the disconnection between Bitcoin prices and social sentiment, and explore the potential impact of this low sentiment on future market trends.

Bitcoin price disconnected from social sentiment, institutions leading a new round of increase?

(Source: Into The Cryptoverse)

According to data from Into The Cryptoverse, the current social indicator risk value is only 0.039, far lower than the bull run peaks of 0.9 and 0.8 in 2021 and 2017. Despite Bitcoin's price breaking through $100,000, social media discussion, Google search volume, and retail participation have not increased simultaneously. Analysts believe that this wave of market movement is more driven by institutional funds rather than retail FOMO (fear of missing out) sentiment.

Historical Data Comparison: Retail Enthusiasm Lags, FOMO Phase Not Yet Activated

Looking back at the bull runs of 2017 and 2021, price peaks were often accompanied by soaring social sentiment indicators, a massive influx of retail investors, and a surge in downloads of trading platforms. In contrast, the current Google search trend for "Bitcoin" is only 23, far below the historical peak of 100. This indicates that retail capital has not yet fully returned, and the market is still in the early stages of the cycle.

A sluggish sentiment may be building up for a future rise, and FOMO could trigger new highs

Analysts point out that the current sluggish social sentiment actually leaves room for an upward trend in the market. Once retail enthusiasm warms up and social indicators begin to rise, the FOMO phase is expected to trigger a new bull run. Historical experience shows that sentiment lags behind prices; when public interest finally catches up with market valuations, it often drives Bitcoin prices to continue rising.

Conclusion

Bitcoin prices have reached new highs, yet they are facing the lowest social sentiment indicators in five years. Market structure indicates that the bull run has not yet entered a frenzy stage. Investors should closely monitor social indicators and changes in retail participation to seize the golden layout period before FOMO ignites, in anticipation of the next potential bull market.