<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 820 372" width="820" height="372" role="img" aria-labelledby="t d" font-family="'Manrope', ui-sans-serif, system-ui, -apple-system, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif">
  <title id="t">Market sentiment is the emotional layer on top of fundamentals</title>
  <desc id="d">Beneath price sits long-run value, the fundamentals. On top of it sits sentiment, the short-run mood that swings between fear and greed and moves price more than fundamentals over days and weeks.</desc>
  <rect x="0" y="0" width="820" height="372" rx="14" fill="#ffffff"/>
  <text x="40" y="52" font-size="26" font-weight="800" fill="#0F172A">Sentiment Sits On Top of Value</text>
  <text x="40" y="80" font-size="15" fill="#5A6578">Fundamentals set long-run value; the mood on top drives the short run</text>

  <!-- sentiment wave layer -->
  <path d="M120,150 C200,120 280,200 360,170 C440,140 520,210 600,175 C660,150 690,165 700,168 L700,222 L120,222 Z" fill="#0284C7" fill-opacity="0.12"/>
  <path d="M120,150 C200,120 280,200 360,170 C440,140 520,210 600,175 C660,150 690,165 700,168" fill="none" stroke="#0284C7" stroke-width="2.4"/>
  <text x="410" y="138" font-size="13" font-weight="700" fill="#0284C7" text-anchor="middle">Sentiment · short-run mood (fear ↔ greed)</text>

  <!-- fundamentals base -->
  <rect x="120" y="232" width="580" height="56" rx="10" fill="#F6F8FB" stroke="#0F172A" stroke-opacity="0.1"/>
  <text x="410" y="266" font-size="14" font-weight="700" fill="#334155" text-anchor="middle">Fundamentals · long-run value</text>

  <text x="410" y="330" font-size="13" fill="#5A6578" text-anchor="middle">Different markets can hold very different moods at the very same moment.</text>
</svg>
