@stills
Market sentiment is a powerful force in crypto, where news events and social media trends can rapidly swing prices. Positive news, such as mainstream adoption or regulatory clarity, often triggers buying sprees, driving prices up. Negative news, like security breaches or government crackdowns, can result in swift sell-offs. Social media amplifies these effects, with influencers and communities creating widespread momentum. Since crypto markets are driven heavily by retail investors, sentiment shifts can lead to significant volatility, making it essential to monitor sentiment alongside technical factors.
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