Bitcoin has continued its downward trend after a slight rebound toward the $115,000 price mark. The current bearish pressure has caused the flagship digital asset to drop to $112,000, triggering speculation about a possible deeper decline in the short term. However, despite the heightened bearish pressure on prices, some key metrics are beginning to exhibit a bullish trend.
A Shift In Bitcoin Market Mood
Amid the ongoing waning price action of Bitcoin , key metrics are signaling underlying momentum in the market. Meanwhile, Darkfost, an on-chain analyst and author, has outlined a shift in BTC market mood in a recent post on the X platform.
After investigating the Bitcoin Futures Composite Sentiment Index on the 1-hour time frame, the expert revealed that the metric has