Krutika Adani
A survey by Coingecko shows that less than half, i.e., 49% of crypto market participants, are bullish now.
The survey asked people to respond to whether they were bullish, somewhat bullish, neutral, bearish, or somewhat bearish.
The largest number of respondents chose somewhat bullish (26.1%), followed by neutral (25.5%) and bullish (23.2%), while somewhat bearish(13.4%) and bearish (11.8%) were at the bottom.
The survey was conducted between 25 June and 8 July 2024.
According to experts, the survey reveals that fewer people are bearish despite the large fall in crypto prices, which is a good sign.