Overview
Syra’s Sentiment Analysis provides real-time tracking of market sentiment across cryptocurrencies. By analyzing news, social media, and market data, it delivers quantitative sentiment scores that help traders understand market psychology.Sentiment Metrics
Daily Sentiment Scores
Get 30-day historical sentiment analysis for any cryptocurrency:General Market Sentiment
Analyze overall crypto market sentiment:Data Sources
Sentiment analysis aggregates data from:News Articles
- CryptoNews API: Latest crypto news
- Article Analysis: Headline and content sentiment
- Publication Timing: Real-time news impact
Social Media
- Twitter/X: Trending topics and hashtags
- Community Forums: Reddit and Discord activity
- Influencer Posts: Key opinion leader sentiment
Market Reactions
- Price Movements: Correlation with sentiment shifts
- Volume Changes: Trading activity patterns
- Volatility Spikes: Sentiment-driven volatility
Sentiment Scoring
Score Interpretation
| Score Range | Sentiment | Market Implication |
|---|---|---|
| 0.80 - 1.00 | Very Bullish | Strong buying pressure expected |
| 0.60 - 0.79 | Bullish | Positive momentum |
| 0.40 - 0.59 | Neutral | Consolidation likely |
| 0.20 - 0.39 | Bearish | Negative pressure |
| 0.00 - 0.19 | Very Bearish | Strong selling pressure |
Sentiment Components
Positive Sentiment- Bullish news and announcements
- Positive social media mentions
- Upward price momentum
- Partnership announcements
- Regulatory concerns
- Security incidents
- Negative press coverage
- Market crashes
- Informational content
- Technical updates
- Routine announcements
- Market commentary
Sentiment scores are calculated using NLP models trained specifically on crypto market data.
API Endpoints
GET /v2/sentiment
Retrieve sentiment analysis for a specific ticker or general market. Query Parameters:ticker(optional): Ticker symbol (e.g., BTC, ETH, SOL) or “general”
POST /v2/sentiment
Same functionality as GET, using POST body:Caching
Sentiment data is cached for 90 seconds to optimize performance and reduce costs.
- Cache Duration: 90 seconds per ticker
- Cache Key: Ticker symbol (normalized to lowercase)
- Automatic Refresh: Cache expires after TTL
Pricing
Sentiment analysis uses x402 micropayments:- Cost: Included in News API pricing
- Caching: Reduces repeated query costs
- Payment: Automated via x402 protocol
Use Cases
Trading Decisions
Confirm entry/exit points with sentiment data:- Check sentiment before entering positions
- Monitor sentiment shifts during trades
- Exit when sentiment reaches extremes
- Avoid trading during sentiment uncertainty
Risk Management
Identify potential reversals:- Extreme Bullishness: Potential top signal
- Extreme Bearishness: Possible bottom formation
- Sentiment Divergence: Price vs. sentiment mismatch
Market Timing
Time market entries based on sentiment cycles:- Accumulate during bearish sentiment
- Take profits during euphoric sentiment
- Avoid FOMO when sentiment is extreme
- Buy fear, sell greed
Portfolio Management
Adjust portfolio allocation:- Bullish Sentiment: Increase exposure
- Bearish Sentiment: Reduce risk
- Neutral Sentiment: Maintain current allocation
Integration Example
Best Practices
- Track Multiple Timeframes: Monitor daily, weekly, and monthly sentiment
- Compare Tickers: Analyze relative sentiment across tokens
- Watch for Extremes: Extreme sentiment often precedes reversals
- Sentiment Divergence: Price moving opposite to sentiment is significant
- Volume Confirmation: High volume confirms sentiment-driven moves
Advanced Analytics
Sentiment Momentum
Calculate rate of change in sentiment:Sentiment Correlation
Analyze sentiment vs. price correlation:Related Features
- News & Events - Source of sentiment data
- Trading Signals - Sentiment-informed signals
- Market Research - Deep sentiment analysis