Why Bitcoin, Ethereum Sentiment Is So Cautious Even As Gold, Silver Surge
Posted On January 28, 2026
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are entering Q1 on cautious sentiment after months of range-bound trading.
Bitcoin Sentiment Shifts
In its Charting Crypto Q1 report, Glassnode in collaboration with Coinbase (NASDAQ:COIN) Institutional, stated that Bitcoin continues to trade in a low-conviction sentiment regime.
Net Unrealized Profit/Loss (NUPL) shifted from Belief to Anxiety during October’s liquidation event, a transition that historically aligns with consolidation phases …
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