PANews reported on January 3rd, citing Cointelegraph, that Santiment analyst Brian Quinlivan stated that cryptocurrency market sentiment on social media has beenPANews reported on January 3rd, citing Cointelegraph, that Santiment analyst Brian Quinlivan stated that cryptocurrency market sentiment on social media has been
Santiment analyst: Retail investors' FOMO (fear of missing out) as Bitcoin approaches $92,000 could suppress further gains.
PANews reported on January 3rd, citing Cointelegraph, that Santiment analyst Brian Quinlivan stated that cryptocurrency market sentiment on social media has been strong at the start of the year, but he also warned that further market gains depend on whether retail investors can remain calm. He pointed out that an ideal market scenario is for retail investors to remain cautious, slightly pessimistic, or even impatient, which would actually be conducive to a healthy price increase.
Quinlivan believes that while the current overall positive sentiment is historically often seen as a warning sign, this may be more of a post-holiday return effect. What we really need to be wary of is if the price of Bitcoin quickly approaches $92,000, and retail investors rush in due to the rise, significantly increasing FOMO sentiment, which could put pressure on the market.
Market Opportunity
FOMO.FUND Price(FOMO)
$0.00000762
$0.00000762$0.00000762
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FOMO.FUND (FOMO) Live Price Chart
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