According to André Dragosch, PhD (@Andre_Dragosch), the in-house Cryptoasset Sentiment Index has surged to its highest level since November 2024, indicating a potentially overheated Bitcoin market. Traders should closely monitor for increased volatility and possible corrections as heightened sentiment often precedes price reversals. This sentiment spike is a critical signal for short-term and swing traders seeking optimal entry and exit points in the current crypto market environment (source: Twitter, May 12, 2025).

According to @Andre_Dragosch, there is a significant convergence between institutional and retail equity sentiment and cryptoasset sentiment, presenting a potentially attractive setup for contrarian traders. This alignment suggests a unique opportunity for those looking to capitalize on market sentiment divergences. Ignoring this setup could be risky for traders.