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@samuelgk
To analyze the overall trend of the cryptocurrency market, start by examining key indicators like Bitcoin’s price movement, as it often sets the tone for altcoins. Track trading volume to gauge market participation—rising volume with price increases signals bullish momentum, while declining volume may indicate weakening trends. Assess market sentiment via X posts, focusing on influential voices and community reactions to news (e.g., regulations, hacks). Use web searches to monitor macro factors—interest rates, inflation, or institutional adoption—that impact crypto valuation. Analyze on-chain data, like transaction counts or wallet activity, for deeper insights into network health. Combine these tools to identify patterns: sustained price growth with high volume and positive sentiment suggests an uptrend, while stagnation or panic posts may signal a downturn. Cross-reference findings for a holistic view.
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