Sentiment
A bullish setup is more attractive when Bitcoin breaks higher, Ethereum confirms, and sentiment remains depressed. Sentiment matters both as trader psychology and as collective market behavior. Trend following can create frustrating whipsa…
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A bullish setup is more attractive when Bitcoin breaks higher, Ethereum confirms, and sentiment remains depressed. Sentiment matters both as trader psychology and as collective market behavior. Trend following can create frustrating whipsaws, including selling and then buying back at a higher price. The Bitcoin Fear and Greed Index is used especially to help identify bottoms.