It's definitely good for the sentiment, but what people here always tend to do, is exaggerate the situation. In times where the market is going down, people get overly concerned, and overly optimistic when the market is going up.
The good thing for the average joes is that the mainstream media is no longer pointing at negativity, harsh regulations, potential shutdowns of exchanges, and the list goes on.
They ride the market as it comes, which is stupid. There is no sense to anything they point at. Every movement according to them must have either a positive or negative reason, where they discard that the market can move on its own.
At the end of the day, it's still a largely speculative market. One large buy or sell order from a whale can shake things up in an instant.
The financial media is the equivalent of drama channels on Youtube. They find drama even where there is none.
