Bitcoin's market sentiment has turned more positive after a strong price rebound.

Bitcoin's current market sentiment has turned more positive after a strong price rebound. The cryptocurrency surged from $75,000 to over $85,500

Bitcoin’s current market sentiment has turned more positive following a strong price rebound and a 90-day pause on tariffs.

This move is expected to calm global market fears and give Bitcoin a chance to recover. According to market platform Santiment, traders are feeling more optimistic, and blockchain data from the past few weeks supports this shift.

>”Many indicators are showing a shift in market sentiment. After a 90-day pause on tariffs and a strong price return for BTC, traders are feeling more optimistic. This is supported by a decrease in Bitcoin being held on exchanges (investors prefer to hold), and more Bitcoin holders entering into profit.”

Further, Big investors like Michael Saylor’s Strategy are still buying Bitcoin in huge amounts, which showcases long-term confidence in the crypto. However, fewer Bitcoin are being kept on exchanges, which usually means that investors prefer to hold rather than sell.

Moreover, Santiment also noted that many Bitcoin holders are now in profit, which lowers the pressure to sell and helps support the price.

However, in a recent video analysis by Altcoin Daily, the analyst explains that this happened after an update on President Donald Trump’s campaign website.

The update stated that, if elected, Trump would pause some tariffs on Chinese goods. Since the crypto market is always open, it reacted faster than the stock market.

But confusion followed after Trump posted on his social media platform, Truth Social, saying that no changes to tariffs had been officially announced.

This mixed message created uncertainty in the market and made it harder to determine whether the price rise was based on real news or not.

Meanwhile, even though Bitcoin had a short-term rise, large investors are still cautious. Many are waiting for clear signals from the government before making big moves.

Uncertainty around trade policies and the upcoming election is making these investors stay careful.

The analyst also mentions a recent report from Morgan Stanley analyst Michael Wilson. He believes that both the stock market and the crypto market are currently stuck in a sideways trend.

This could last another three to six months. Wilson says that the government and the Federal Reserve are not doing much to support the economy right now, which could lead to more price swings in all markets.