Interesting observation.

But that would also mean the mix of all different emotions would make any sane conclusion impossible?

Can you tell me what all combined emotions right now say to you ?

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Measures Primal Human Emotions about Winning and Losing

Fear of Losing

Joy of Winning

Economics of Depression and Joy

Baseline price is Contentment and Acceptance

Ok but that goes for those participating, right now still early adopters ?

And only to those actually active trading in the time frame you are interested in with no clue of who that small subset is arlt any given time interval, or just some unusable average over a very long period ?

Or do you do have more insights?

Bitcoin trades on the emotional margin