Key Takeaways 

Why is a fund making a contrarian bet against CT sentiment? 

There have been past instances where CT’s weak sentiment was a BTC counter-signal. 

What’s the current market positioning? 

There’s creeping demand exhaustion as players hedge instead of chasing BTC recoveries. 

Crypto Twitter (CT) may be overblowing the current market fears on Bitcoin [BTC] following the recent leverage flush. 

According to Quinn Thompson, CIO of macro-focused hedge fund Lekker Capital, the current setup could lead to an explosive rally like last November’s run. 

“Current setup for BTC and ETH is rare – largest positioning rinse in history of crypto while standing on doorstep of macro goldilocks…Opportunity ahead is similar to pre-Trump victory ’24.”

 The catalyst? The so-called “macro goldilocks” or upcoming Fed easing cycle, which could extend to early Q1 2026. Per Thompson, the expected liquidity surge could fuel the BTC rally. 

Is it time to long Bitcoin or take the sidelines?

In fact, Thompson added that the CT consensus has been wrong in the past, and the current bearish inclination could be wrong too. Unsurprisingly, even Santiment’s Social Dominance(FOMO) slightly agreed with him. 

In most cases, as FOMO rises, it typically culminates in a local top for BTC. While extremely weak sentiment sometimes coincided with local price bottoms.