Both technical analysis (TA) and market sentiment play a crucial role in crypto trading. TA helps identify key levels, trends, and momentum, giving traders a data-driven approach to price action. Meanwhile, sentiment drives the market, especially in crypto, where hype, FOMO, and narratives can cause massive swings.
In reality, the best strategy is a mix of both—charts can show you key resistance and support levels, but sentiment often breaks those levels faster than TA predicts. Right now, with retail interest growing, the bullish momentum could push BTC higher, regardless of what the charts say!