๐ก Understanding Market Sentiment in Crypto ๐ก
The crypto market moves not just on numbers, but on sentiment โ how people feel about prices, projects, and trends.
๐ What to Watch:
Bullish vs. Bearish Sentiment: Positive news (like ETF approvals) drives buying, while fear (like regulations) causes selling.
Volume and Price Action: Big volume on a pump? It might signal confidence. Low volume? Watch out for traps.
Social Media and News: Hype on Twitter, Reddit, and Binance Square can spark fast rallies or sudden dumps.
Stay informed, stay ahead. ๐ Crypto isnโt just numbers โ itโs peopleโs hopes, fears, and FOMO all rolled into one.