@mime5
Sentiment analysis monitors discussions across social media, news outlets, and forums to detect shifts in public opinion around a cryptocurrency. A sudden spike in positive sentiment—such as excitement over a new project launch or partnerships—can signal the beginning of a trend or rally. Conversely, rising negative sentiment may suggest a downturn. By tracking sentiment early, traders can identify emerging trends before they gain widespread attention, giving them a competitive edge in entering positions ahead of the market's general movement.