According to @Andre_Dragosch, there is a significant convergence between institutional and retail equity sentiment and cryptoasset sentiment, presenting a potentially attractive setup for contrarian traders. This alignment suggests a unique opportunity for those looking to capitalize on market sentiment divergences. Ignoring this setup could be risky for traders.

According to Michaël van de Poppe, during extreme emotional periods in markets, traders should adopt a contrarian approach by selling during euphoria and buying during depression, which he suggests is applicable to the current market conditions. [source: Michaël van de Poppe on Twitter]