List of Flash News about Miles Deutscher Twitter
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06:09 |
Crypto Twitter Sentiment: How Traders Can Use CT for Countertrading and Market Analysis
According to Miles Deutscher, Crypto Twitter (CT) should not be used for determining market direction, as it tends to simply reflect the current daily price action rather than predict future moves. However, he highlights that CT remains a valuable resource for gauging overall market sentiment, which can sometimes provide profitable countertrading opportunities. Traders are advised not to let CT heavily influence their trading systems, emphasizing the importance of independent analysis and not relying solely on social sentiment signals for crypto trading decisions (Source: Miles Deutscher, Twitter, May 19, 2025). |