Recently, I noticed an interesting data point—Santiment’s social sentiment monitoring shows that XRP’s market panic index has soared to its highest level since October. Over the past two months, XRP has indeed taken a huge hit, dropping a full 31%.

Looking back at historical records, the last time we saw this level of panic was on November 21, and what happened next? In the following three days, it rebounded by 22%. Honestly, the current sentiment feels pretty similar to that time.

Of course, history doesn’t simply repeat itself, but when market sentiment reaches an extreme, it often means something. Could this be another turning point? Let’s wait and see.