How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights

crypto market, most information comes from platforms like Twitter and other social media, which are filled with both genuine experts and people who claim to be experts but are not. Therefore, understanding social media's influence on a particular token is essential,” says Satish Mishra, CTO, Pi42.

In an interview with ETMarkets, Mishra said: “Market sentiment, liquidity, and the overall trend of the traditional financial markets also play a role, as we are seeing increasing correlations between traditional markets and crypto markets,” Edited excerpts:

Kshitij Anand: Can you highlight the factors one should consider when selecting crypto pairs for trading?
SatishMishra: I believe there is already a lot of knowledge available online for this. However, along with knowledge, there is also a lot of noise. Sometimes, you will see social media trends influencing a particular token, with both positive and negative sentiments playing a role.

Many factors come into play, some of which also correlate with existing stock markets. Additionally, since the crypto market is highly driven by sentiment, it is crucial to consider those aspects as well.

If the question is about how to select a crypto pair, it depends on whether you are a trader looking for short-term entry and exit opportunities rather than an investor. Key factors include liquidity and moving averages—some of the standard indicators.

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Moreover, social media sentiment plays a role, and it is also useful to analyze the category of the tokens. The entire