Optimism returns, but will it sustain?

Optimism returns, but will it sustain?

Weighted Sentiment, according to Santiment, climbed to +0.427 after days in negative territory. This rebound shows that trader confidence has returned—at least temporarily.

Historically, sustained positive sentiment has supported upside moves, but short-lived spikes often lead to reversals. 

Thus, sentiment must stay elevated to sustain momentum. If it dips again while the price remains flat, it may confirm a local top.