Retail sentiment towards Bitcoin is nearly evenly divided between expectations of a price drop and hopes for an increase, similar to conditions observed in April during a market downturn triggered by Donald Trump’s tariffs. According to Santiment's marketing director Brian Quinlivan, current trader sentiment indicates impatience and a bearish outlook, with a social media ratio of 1.03 bullish comments to each bearish comment. The Crypto Fear & Greed Index has shifted to a neutral position at 54 out of 100, down from an average greed score of 61 throughout the previous week. Amidst retail investor skepticism, significant Bitcoin accumulation is noted among larger wallets, with 231 wallets gaining over 10 Bitcoin, contrasting the 37,000 smaller wallets that sold off their holdings. Quinlivan emphasized that this divergence could indicate potential bullish momentum returning to the crypto market. As Bitcoin trades around $104,600 with a 3% gain over the past two weeks, Ethereum reflects a similar trend, with larger holders increasing their assets while retail investors liquidate positions.

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