@clamors
Sentiment analysis on social media platforms, such as Twitter and Reddit, can offer valuable insights into the mood of the market. A surge in positive sentiment—such as excitement over a new project, celebrity endorsements, or breaking news—can trigger a buying spree, causing prices to rise. Conversely, negative sentiment, such as fears of a regulatory crackdown or a major security breach, often leads to panic selling and price drops. By tracking these sentiment shifts in real time, traders can predict short-term price movements and capitalize on emerging trends before they gain wider attention.
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