Analyst Highlights Investor Sentiment's Impact on Crypto Market Trends

According to PANews, Santiment analyst Brian Quinlivan has observed a strong start to the year in terms of sentiment among cryptocurrency market participants on social media. However, he cautions that the market's ability to continue rising depends on retail investors maintaining composure. Quinlivan suggests that a more favorable market condition would be if retail investors remain cautious, slightly pessimistic, or even impatient, as this could support healthy price increases. Quinlivan notes that while the current overall positive sentiment is historically seen as a warning sign, it may be more of a post-holiday rebound effect this time. The real concern arises if Bitcoin's price rapidly approaches $92,000, leading to a surge of retail investment driven by FOMO (fear of missing out), which could exert pressure on the market.