Deep Tide TechFlow News, January 03, According to Cointelegraph, Santiment analyst Brian Quinlivan stated that since the beginning of the year, the sentiment in the crypto market on social media has significantly improved. However, whether the trend can continue depends largely on retail investors maintaining restraint. He pointed out that a more ideal market condition is for retail investors to remain cautious, slightly pessimistic, or even impatient, which is actually conducive to healthy price growth.
Quinlivan believes that although the current overall positive sentiment is usually seen as a warning signal in history, this time it may be more of a post-holiday return effect; what truly warrants caution is if Bitcoin’s price rapidly approaches $92,000, with retail investors flooding in due to the rise, significantly increasing FOMO sentiment, which could instead put pressure on the market.
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Santiment: Market sentiment is warming, but early FOMO among retail investors could pose a risk
Deep Tide TechFlow News, January 03, According to Cointelegraph, Santiment analyst Brian Quinlivan stated that since the beginning of the year, the sentiment in the crypto market on social media has significantly improved. However, whether the trend can continue depends largely on retail investors maintaining restraint. He pointed out that a more ideal market condition is for retail investors to remain cautious, slightly pessimistic, or even impatient, which is actually conducive to healthy price growth.
Quinlivan believes that although the current overall positive sentiment is usually seen as a warning signal in history, this time it may be more of a post-holiday return effect; what truly warrants caution is if Bitcoin’s price rapidly approaches $92,000, with retail investors flooding in due to the rise, significantly increasing FOMO sentiment, which could instead put pressure on the market.