Bitcoin (BTC) rebounded sharply on Tuesday, February 25, 2026, climbing back above the $66,200 level. This price movement followed a speech by U.S. President Trump to Congress, which market observers cited as a key catalyst for the surge in bullish momentum.
According to on-chain data provider Santiment, this price action triggered the highest ratio of bullish versus bearish commentary across social media platforms in four weeks. Analysis of platforms including X, Reddit, and Telegram showed a sharp, positive shift in crowd sentiment. Santiment noted that while this surge in retail optimism is a notable swing from recent uncertainty, historically, such sharp spikes in positivity have often coincided with short-term price rebounds and can sometimes precede local pullbacks if driven by excessive Fear Of Missing Out (FOMO).
Analyst Michaël van de Poppe highlighted the technical setup, describing the move as a "great signal for Bitcoin." He pointed to an hourly chart showing a sweep of lows followed by a quick rebound, establishing an upward market structure above $65,000. Van de Poppe forecast that if Bitcoin can hold firmly above $65,000, it could start "attacking" the $70,000 level and move higher after the expiration of weekly options on Friday.
Santiment added an important caveat to the bullish sentiment, warning that if a consensus quickly forms around narratives like "the bear cycle is ending," markets can stall as crowded positioning builds. The firm noted that the crypto market has a tendency to move opposite the majority expectation in the short term. For a sustainable rally, Santiment suggested that some retail profit-taking would be healthy to prevent sentiment from becoming excessively euphoric.
In a separate observation, Santiment also reported that Bitcoin's correlation with the traditional stock market, specifically the S&P 500, has been at its weakest since 2022 over the past six months. While the S&P 500 gained 7% and gold surged 51% in that period, Bitcoin fell by roughly 45%. The data firm suggested that once this correlation is restored, Bitcoin "may have significant room to catch up."
