According to the latest data from the cryptocurrency analysis platform Santiment, the market is experiencing a significant revival after months of stagnation.
While Bitcoin is challenging the $70,000 mark, altcoins are attracting attention with gains exceeding 20%.
The cryptocurrency market experienced one of its strongest 24-hour surges of 2026. Santiment analyst Brian Quinlivan, in his assessment on the Thinking Crypto podcast, described this rise as both a technical and psychological “relief rally.”
However, following the rise, the BTC price fell back to around $67,500.
According to the analysis, this market surge came at a time when investors were “extremely fearful” and had lost hope in crypto. Brian noted that the market generally moves in the opposite direction of herd mentality, and that this rise was not surprising given that the media and social media were overflowing with negative news.
Experts warn that if Bitcoin breaks the $71,000-$73,000 range, the market could be swept by a wave of FOMO (fear of missing out).
Related News: BREAKING: Progress in Negotiations Between the US and Iran - Here's the Latest Situation and Insider Information
The MVRV metric, which shows the ratio of market value to realized value, indicates that despite the rise, the market is still not in “risky” territory. Bitcoin’s 30-day MVRV is still in negative territory (-2.5%). This suggests that despite the recent rise, the average investor is still at a loss, and according to analysts, there is still room for further upside in the market.
According to Santiment, Ethereum, with an MVRV ratio of -6%, is lagging behind other altcoins and could launch a “catch-up” attack.
Despite the rise, the most striking missing piece of data was “whale” activity. According to Santiment data, large wallet holders holding between 10,000 and 10,000 BTC have sold off approximately 101,000 BTC since mid-January. Analysts note that for this rally to turn into a lasting and sustainable bull trend, whales need to start buying again.
According to analysts, while XRP remains attractive for long-term investors, short-term indicators point to an uncertain period with the 30-day MVRV (Most Effective Trading Volume) nearing zero. Despite a 16% increase on Solana, social media volume and FOMO (Fear of Missing Out) levels are significantly lower compared to previous rallies. Uniswap surged 24% following news that BlackRock will invest in the Uniswap token and move its money market fund to the Uniswap DEX, but the mainstream audience doesn’t seem to have fully priced this news in yet.
*This is not investment advice.
Continue Reading: Watch Out: Expert Analysts Reveal the Level at Which FOMO Will Begin in Bitcoin – What’s the Situation with Ethereum, XRP, and Solana?


