Summary

The monthly market sentiment index in September came to 71.1 points, increased 2.17% from the previous month; the short-term sentiment index was 61.6 points, increased 2.16% from the previous month; the medium-term sentiment index was 72.8 points, increased 5.87% from the previous month; the long-term sentiment index was 89.5 points, decreased 2.75% from the previous month.

Huobi’s Market Sentiment Index score ranges from 0-100, with 50 points representing neutral sentiment.

A total of 552 valid questionnaires were collected this month, The respondent includes institutional investors and individual investors. The questionnaires were distributed from September 25th to September 30th through domestic and overseas channels such as WeChat public account, twitter, and telegram communities. Cryptocurrency investors from 23 Countries participated in this survey, including China, United States, South Korea, Japan, and Singapore.

The short-term market expectations of digital asset among investors are optimistic. Compared with last month, the proportion of investors who believe that the short-term market will rise is 9.28% up to 67.76%, and the proportion of investors who believe that the short-term market will remain flat is 10.88% down to 14.67% in this month. 43.48% of the voters believed that the total Cryptocurrency market capitalization will increase slightly in the next month, 9.95% higher than that in last month. The percentage of the investors who believe that the short-term market will remain constant achieves 14.67% in this month, 10.88% less than that in last month. 17.58% of the voters were bearish toward the market performance in the next month.

Most of the cryptocurrency investors were bullish toward the Cryptocurrency market in the coming six months, with 44.75% of investors believed that the Cryptocurrency market capitalization will increase substantially. Comparing to the previous month, less investors believed the market will decrease slightly in the coming six months. 81.89% of the voters believed that the total Cryptocurrency market capitalization will increase in the next six months. 44.75% investors believed that the total Cryptocurrency market capitalization will increase substantially, 4.63% more than that of the previous month; 37.14% of investors believed that there would be a slight increase of market capitalization. Compared with last month, 10.69% of voters were pessimistic toward the cryptocurrency market performance in the coming six months, which of that is 3.08% lower than that of the previous month.

Download the Full Report: Huobi Market Sentiment Index Report September 2018


Disclaimer:

 This result of this survey does not constitute any investment advice from Huobi Research. Nor does this article contain any tips, hints or guarantees to investing. Investors should make their own independent research before reaching the final investment decision, and Huobi Research shall not be liable in any manners for any consequences of any reliance thereon or usage thereof.

 Currently, all surveys are distributed through the Internet with participants remain unidentified. As a result, although we try to expand the scope and diversity of the survey respondents as much as we can, we cannot rule out selection bias during the survey process. Thus, the result of this survey does not represent the view of all cryptocurrency investors.

Posted by Huobi Blog