Sentient (SENT) surges 60% amid market dip — BTC inverse, flows and leverage explain

Sentient (SENT) surges 60% amid market dip — BTC inverse, flows and leverage explain — Assets.beincrypto.com
Image source: Assets.beincrypto.com

Sentient (SENT) climbed more than 60% despite a broader crypto market drop of nearly 5%, though the token also fell about 18% after touching $0.044 before rebounding, according to a BeInCrypto price analysis. BeInCrypto says one key driver is SENT’s strong inverse correlation with Bitcoin: the token showed a −0.92 correlation with BTC over recent days, attracting traders looking for assets that move opposite to Bitcoin.

The Money Flow Index (MFI) also highlighted dip buying — between January 29 and January 30 SENT made a higher high while MFI made a lower high, which preceded the roughly 18% pullback, but MFI did not collapse and stayed above prior levels and an ascending trendline. Spot demand has remained largely buyer-driven, the report notes.

Exchange netflows have been mostly negative since launch (tokens leaving exchanges), with a single inflow on January 29 tied to short-term profit taking. On January 30 alone SENT saw over $4 million in exchange outflows, and the Chaikin Money Flow (CMF) pulled back but stayed above zero, indicating buying pressure still outweighs selling.

Risk is rising on derivatives. Bybit positioning showed long leverage near $7.96 million versus about $1.15 million in shorts — nearly a sevenfold skew toward longs — which makes the rally fragile because small price drops can trigger forced liquidations.

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