TechFlow news, January 3rd, according to Cointelegraph, Santiment analyst Brian Quinlivan stated that since the beginning of the year, sentiment in the cryptocurrency market on social media has noticeably improved. However, whether the market can continue to rise depends crucially on whether retail investors remain restrained. He pointed out that a more ideal state for the market is for retail investors to still be cautious, slightly pessimistic, or even impatient, as this actually favors healthy price increases.
Quinlivan believes that although the current overall positive sentiment has historically been seen as a warning signal, this time it may be more of a post-holiday rebound effect. What truly needs vigilance is if the Bitcoin price rapidly approaches $92,000, causing retail investors to pour in funds due to the rise, with FOMO sentiment significantly heating up, which could instead put pressure on the market.
