@vinyl43
Sentiment analysis tracks public mood around cryptocurrencies by analyzing social media, news articles, and community discussions. A surge in positive sentiment—often driven by new developments or hype—can signal the beginning of a trend or rally, while negative sentiment can precede price declines. By identifying shifts in sentiment early, traders can spot emerging trends before they become widely recognized, giving them an advantage in making profitable trades. Combining sentiment data with technical and fundamental analysis can improve the accuracy of these predictions.
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