@comics
Sentiment analysis monitors social media, forums, and news articles to gauge public opinion on specific cryptocurrencies. Positive sentiment—often driven by hype, endorsements, or good news—can signal the start of an emerging trend or rally. Negative sentiment, on the other hand, can indicate the possibility of a downturn. By tracking sentiment shifts early, traders can spot new trends before they become widespread, gaining an edge in the market. Combining sentiment analysis with other tools like technical indicators enhances prediction accuracy.
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