From an informational standpoint, the crypto market is noisy and full of unexpected events. In terms of sentiment analysis, that combination of factors is a nightmare. Instead of narrowly focusing on sentiment analysis, we should probably develop a more holistic approach. A sentiment-market impact indicator would be a combination of polarity (negative, positive, neutral), emotion (anxious, excited, sad…) and aspect-based (topics, entities…) analysis over long periods of time. This approach would require the training of models specialized in the dynamics of crypto assets to evaluate the sentiment in the context of specific market conditions.
Related posts
-
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
One of the biggest roadblocks in converting Latin American investors to concept of crypto, is education... -
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her
The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, the... -
Bitcoin Hits Historic $93,481 as Crypto Economy Surpasses $3 Trillion
Bitcoin (BTC) surged to an all-time high of $93,481 today, marking a milestone as the cryptocurrency...