Course Content
What Is Crypto Market Sentiment?
Market sentiment considers investors' thoughts, feelings, and moods regarding an asset. These feelings don't always reflect an asset or project's fundamentals but can significantly affect the price. Market sentiment analysis is a form of research that uses this information to try and predict price movements. By tracking the market dynamics with its participants' overall attitudes, you can understand the amount of hype or fear surrounding a specific cryptocurrency.
What Is Crypto Market Sentiment?
About Lesson

Just like other assets, the price of a cryptocurrency is directly related to market supply and demand. These market forces can change for several reasons, including public opinion, the press, and social media. 

Many traders analyze the market’s sentiment to predict the short and mid-term potential of a crypto asset. Along with the technical and fundamental analysis, investigating the crypto market sentiment can be a valuable addition to a trader’s toolkit.