The cryptocurrency market is facing a wave of extreme pessimism, with two prominent voices sounding alarms over the deteriorating sentiment. Cryptomanran, a well-known analyst, bluntly stated in a viral tweet: 'Saylor can’t save you. The Fed won’t save you.' This remark, which quickly gained traction, encapsulates a growing belief that neither high-profile advocates nor monetary policy will shield traders from the current market turmoil.
Meanwhile, DefiIgnas, a respected research group, issued an even starker warning, claiming that crypto sentiment has plummeted to levels worse than the aftermath of the 2018 crash or the COVID-19 sell-off. In a tweet, they declared, 'Note to whoever asks in 2028, when BTC is back at $40k: yes, this was the worst crypto sentiment ever.' DefiIgnas attributed the decline to the collapse of multiple Ponzi schemes and the rise of AI technologies that are perceived to be exploiting crypto assets, which has diverted interest toward AI-focused macro stocks.
These observations come amid a backdrop of stagnant trading activity and mixed price signals, with overall market volume reflecting a lack of active participation. The commentary from both sources underscores a pervasive fear that external factors—such as institutional support or central bank policies—are insufficient to restore confidence. Traders are now bracing for continued volatility, with attention turning to how major assets like Bitcoin will respond and whether any recovery in sentiment can emerge from the current lows.
