Sentiment Analysis Indicates the Market is Entering the Bearish Zone
Twitter and news sentiment is on the verge of turning negative, which has historically marked price bottoms with high accuracy.
Meanwhile, the Alpha Crypto Sentiment Gauge combines multiple technical sentiment metrics with Twitter sentiment, providing a broad perspective on sentiment levels ranging from Very Bullish to Very Bearish. Currently, it is positioned in the Bearish zone.
The best strategy is to wait until these metrics turn deep red. This approach helps investors act intelligently and counter the herd mentality, which is highly prevalent in the crypto market.
Stay ahead by tracking these powerful sentiment metrics daily at Alphractal
