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Trade with Caution: Short-Term Hype is Fleeting
Short-term narratives in trading, such as the FTM hype and the DeFi Renaissance, lack sustainability. Successful trading relies on technical analysis rather than belief in the reliability of project teams, as past behaviors reveal potential volatility. Individual assets, like FTM, may experience temporary surges due to their tightly held status and generated attention, but long-term success remains questionable. To make informed decisions, traders should focus on estimating current investor sentiment using platforms like Cato and Santiment.