Bitcoin sentiment has dramatically declined, now reaching its lowest level since the U.S. trade tariff announcement back in April 2018, as revealed by Santiment, a leading on-chain analytics firm. While retail traders express growing pessimism, large holders are quietly accumulating Bitcoin, indicating a historically bullish sign.

This divergence in sentiment could suggest that while retail investors are fearful, savvy investors see potential. As this trend develops, it will be essential to monitor any shifts in market dynamics and potential recovery in Bitcoin sentiment.