@gabrield
Yes, the crypto market (币圈) is more emotion-driven than traditional markets. Fueled by retail investors, social media hype, FOMO, and rapid sentiment shifts, prices swing wildly on news and fear/greed cycles rather than steady fundamentals.
learn.bybit.com
Unlike stocks with established valuations, crypto's immaturity amplifies psychological biases and herd behavior, creating extreme volatility.
kellypartners.com
Tools like the Fear & Greed Index highlight this dominance of emotions.Source: https://learn.bybit.com/en/tradfi/crypto-vs-stock-market-psychology