Santiment: Market Sentiment Improves, but Retail FOMO Too Early Could Pose Risks
On January 3, according to Cointelegraph, Santiment analyst Brian Quinlivan stated that since the beginning of the year, the sentiment on social media in the crypto market has significantly improved. However, whether the trend can continue depends largely on whether retail investors remain cautious. He pointed out that a more ideal market condition is for retail investors to remain cautious, slightly pessimistic, or even impatient, which could actually support healthy price growth. Quinlivan believes that although the overall positive sentiment is usually seen as a warning signal historically, this time it may be more of a post-holiday rebound effect; what truly warrants caution is if Bitcoin's price rapidly approaches 92,000, leading retail investors to flood in due to the price rise, with FOMO sentiment significantly intensifying, which could instead exert pressure on the market.
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Santiment: Market Sentiment Improves, but Retail FOMO Too Early Could Pose Risks
On January 3, according to Cointelegraph, Santiment analyst Brian Quinlivan stated that since the beginning of the year, the sentiment on social media in the crypto market has significantly improved. However, whether the trend can continue depends largely on whether retail investors remain cautious. He pointed out that a more ideal market condition is for retail investors to remain cautious, slightly pessimistic, or even impatient, which could actually support healthy price growth.
Quinlivan believes that although the overall positive sentiment is usually seen as a warning signal historically, this time it may be more of a post-holiday rebound effect; what truly warrants caution is if Bitcoin's price rapidly approaches 92,000, leading retail investors to flood in due to the price rise, with FOMO sentiment significantly intensifying, which could instead exert pressure on the market.