Anyone Using Sentiment Tools for Trading Decisions?

[Emma]

Definitely use a mix! Charts and price action are my foundation, but sentiment analysis adds that extra edge—especially in volatile markets. Tools like LunarCrush and Santiment help spot when retail is getting overheated or when fear is peaking. Combining both has definitely improved my entries and exits. Emotions drive this market—might as well use them to our advantage!

 

[Mary]

I still rely heavily on charts and price action for entries and exits — they’re the most direct reflection of what the market’s doing. But I’ve found that sentiment analysis adds a valuable layer, especially for catching extremes before they reverse. Tools like LunarCrush, Santiment, and even social volume trackers on platforms like CryptoQuant help gauge when the crowd is leaning too far in one direction. I’ve had good results combining these with funding rates, open interest, and volume divergences — gives a more complete picture of market psychology. It’s all about blending the emotional side with the technicals. Curious what others are stacking in their toolkit!

 

[Isla]

Oh for sure — I use a mix of both. Charts and price action are my bread and butter, but sentiment analysis helps catch those emotional extremes that technicals alone can miss. When everyone’s euphoric on CT and the Fear & Greed Index is screaming “extreme greed,” that’s usually my cue to start scaling out. I’ve been using LunarCrush for social sentiment and Santiment for on-chain + behavioral data — combining that with volume, RSI, and funding rates gives me a pretty solid edge. Emotional markets are wild, but if you read the crowd right, there’s alpha in the chaos.