In the rapidly evolving crypto landscape, traders traditionally relied on charts like candlesticks and Bollinger Bands to analyze price movements. However, a notable shift is occurring as many are now utilizing AI models such as ChatGPT and Grok for real-time insights and sentiment analysis. These AI tools are not replacing charts but are becoming the primary source of information for many traders. While charts can be complex and overwhelming, especially for newcomers, conversational AI simplifies the process by allowing users to ask straightforward questions about market conditions. For instance, traders can inquire about the sentiment surrounding specific cryptocurrencies or historical price movements. AI models provide context-rich responses that are accessible and informative. Although charts remain essential for tactical trading, AI is increasingly taking on the cognitive aspects of trading, helping users understand the reasons behind market movements. This transition highlights a growing preference for conversational analysis over traditional visual methods, particularly among mobile-first and part-time traders. Read more AI-generated news on: https://app.chaingpt.org/news

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