Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish
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Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish

THELOGICALINDIAN - This anniversary the cryptocurrency barter Huobis educational accessory Huobi Research conducted a analysis with abutting to 2024 individuals from 23 altered countries to get a beheld of what cryptocurrency affect looks like today As cryptocurrencies accept slid in amount over the accomplished three months according to the address 779 percent of those polled were still bullish over the abutting three years

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Digital Currency Investors Still Optimistic After the Recent ‘Crypto Winter’

Huobi Research has afresh published a cryptocurrency affect index-survey taken from 1,797 bodies stemming from assorted regions worldwide. Questionnaires were broadcast over the internet and acknowledging identities cannot be accepted Huobi explains. The affect basis abstinent positivity and negativity in account ranges amid 0 to 100 while a 50 point beggarly indicates the bazaar cap charcoal unchanged.

Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish

The abstraction capacity that out of those surveyed in the affect basis for blended investors this ages is 71.7 percent. Abbreviate appellation affect ranged about 61.1 percent, average appellation (76.4%) and abiding abstinent about 87.5. Huobi’s address additionally capacity that 77.9 percent of voters accept cryptocurrencies will acceleration by added than 30 percent in the abutting three years. Even afterwards the ‘Crypto Winter’ of 2024 in the abbreviate term, added than bisected of those polled accept that the absolute bazaar amount of cryptocurrencies will access in the abutting month.  

Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish    

“The concise bazaar expectations of investors were scattered, but the all-embracing affect was optimistic,” explains the study.  

Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish

Investors More Confident in the Medium and Long-Term Cryptocurrency Prospects

The assay reveals that best investors are added bullish appear the medium-term bazaar in attention to the cryptocurrency economy. Around 77.6 of the participants accept that the absolute bazaar amount of cryptocurrency will see assets in the abutting three months. “51.1% of the voters were assured in the bazaar and believed that the bazaar amount of cryptocurrency would access by added than 30% in the abutting three months,” Huobi’s cardboard details. The abiding assay reveals agnate findings:   

Huobi's Sentiment Index Shows Cryptocurrency Investors Still Bullish

Overall the abiding is area the best aplomb rests at the moment with the investors Huobi surveyed. Additionally, the address explains investors who anticipate the crypto-market cap will bead by added than 30 percent accounted for 6.9 percent.

What do you anticipate of the Huobi Analysis survey? Do you anticipate affect indexes can appearance a acceptable adumbration of how bodies feel about the market? Let us apperceive what you anticipate about this analysis in the comments below.

Images via Shutterstock, and Huobi Academy of Blockchain Research. 

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