Summary
- It was stated that "After President Donald Trump's announcement of the tariff deferral, the virtual asset market rebounded, and the 'FOMO' phenomenon was suggested as a factor to be wary of."
- "Santiment emphasized that caution should be exercised in virtual asset investments as the market fundamentals remain uncertain."
- "The market's excessive reaction suggests that public greed and fear are acting as a counter-indicator, and it was stated that this is a signal that needs to be watched closely."
As U.S. President Donald Trump abruptly deferred reciprocal tariffs, causing a rebound in the virtual asset market, a suggestion has emerged to be wary of 'FOMO (Fear of Missing Out)'.
On-chain analysis platform Santiment stated on its official X account on the 10th, "Right after the U.S. announced the tariff deferral, the virtual asset and stock markets surged," adding, "Investors are re-entering the market, swept up by FOMO." Santiment noted, "This favorable news is merely a temporary relief of unresolved issues," and "Market fundamentals remain uncertain and difficult to trust."
Santiment emphasized the need to be cautious with virtual asset investments for the time being. Santiment said, "In unprecedented times like these, public greed and fear are acting as a good 'counter-indicator'," and "The market's excessive reaction to tariff-related news itself is a signal that needs to be watched closely."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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