According to Cointelegraph, amid the market adjustment of Bitcoin falling below $80,000, the heat of discussion on social media about cryptocurrencies "buying the bottom" has climbed to the highest level since July last year. On-chain analysis platform Santiment pointed out in the report that traders showed "extremely high confidence" on social platforms such as X, Reddit and Telegram, believing that the current decline is "a time worth buying." However, Santiment warned that the market's high enthusiasm for bottom-up buying is not necessarily an entry signal, because the market often moves in the opposite direction to public expectations. "Ideally, we should wait for this group enthusiasm to fade, as a signal that retail traders have suffered enough to justify the rebound." Google Trends data shows a similar trend, with "buythedip" search interest peaking at 100 points on February 26, but then dropped to 49 points.