$ARIA The price barely seems to be moving, yet bullish sentiment is scorching hot. Huh?
Over the past six hours, the price is up just 2.25% from six hours ago.
Right now, 77.78% of Stocktwits users are bullish.
I haven’t seen any new reports related to the top movers, and no one’s discussing it on Reddit either.
I’m sitting on the sidelines: this looks more like a localized feedback loop; the idea that news has driven a broad consensus doesn’t hold up.
Bullish trend signals are counterevidence, so I’ll downgrade my skepticism to mild.
If the bulls call this a consensus, pfft~ I’ll call it “using applause from a private box to certify that the whole theater is sold out.”
Sentiment has to pass the price test:
A move above 0.141 would shift my view from neutral to bullish.
A drop below 0.117 would shift my view from neutral to bearish.
Which do you agree with: “77.78% are still stuck in a small circle” or “77.78% are spreading outward”?
#ARIA #News Analysis
Data from Binance public market data; not investment advice
Over the past six hours, the price is up just 2.25% from six hours ago.
Right now, 77.78% of Stocktwits users are bullish.
I haven’t seen any new reports related to the top movers, and no one’s discussing it on Reddit either.
I’m sitting on the sidelines: this looks more like a localized feedback loop; the idea that news has driven a broad consensus doesn’t hold up.
Bullish trend signals are counterevidence, so I’ll downgrade my skepticism to mild.
If the bulls call this a consensus, pfft~ I’ll call it “using applause from a private box to certify that the whole theater is sold out.”
Sentiment has to pass the price test:
A move above 0.141 would shift my view from neutral to bullish.
A drop below 0.117 would shift my view from neutral to bearish.
Which do you agree with: “77.78% are still stuck in a small circle” or “77.78% are spreading outward”?
#ARIA #News Analysis
Data from Binance public market data; not investment advice
