Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000.

Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high level of confidence” that this dip is the “the one to buy,’” the platform said in a Feb. 28 post to X.

It’s the highest level of crypto dip-buying interest in seven months, it added.

Bitcoin dropped below $90,000 on Feb. 25, a day after US President Donald Trump announced his planned 25% tariffs on Canada and Mexico are going forward.

The price has since shed even more of the gains made post-US election, dropping below $80,000 on Feb. 28, after Trump threatened a further 10% tariff on China, and amid other macroeconomic uncertainty.

However, the analytics platform says the high interest in buying the dip isn’t necessarily a signal to jump into the market because it can often move in the opposite direction of expectations.

“Ideally, we are waiting for this crowd enthusiasm to die down as a signal that enough pain has hit retail traders to justify a bounce,” Santiment said.

Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Godleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +160 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

Join for Free

☟☟☟☟☟

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

“Markets move in the opposite direction of the crowd’s expectations, so look for declining optimism and shrinking levels of buy-the-dip calls as a bullish signal.”

Santiment’s tracker sifts through crypto-specific social media channels such as X and Telegram for the top 10 words that have seen the most significant increase in social media mentions compared to the previous two weeks, according to its methodology.

Bitcoin has retreated over 21% in the past 30 days and is down 5% in the last 24 hours, trading at around $80,400, according to CoinMarketCap data. Ether is down over 30% in the past 30 days and has fallen 7.54% in the last day, trading at around $2,139.

In a follow-up post, Santiment said it is unsurprising prices are falling even further after the “retail crowd was all over the prospects of a dip buy.”

“Look for the crowd becoming disinterested or despondent as a sign that the real dip buy opportunity has arrived,” the platform said.

Google Trends data shows a similar narrative playing out as search interest in “buy the dip” spiked to 100 on Feb. 26 when looking over a one-week timeframe. However, search interest has since dropped to a score of 49 out of 100.

Meanwhile, searches for the term “crypto” hit its highest level of 100 in the last seven days on Feb. 25 and is currently sitting at 87 out of 100.

A value of 100 is classed as peak popularity for the term, according to the Google Trends FAQ, while a score of 0 means there was relatively low volume for the term on that day.