Sentiment Analysis of YouTube Comments on the Indonesian Stock Market Condition Due to the Issue of the Mass Resignation of the IDX Board Using IndoBERT

Abstract

Social media platforms such as YouTube have long served as a primary discussion space for retail investor communities in Indonesia. This study aims to analyze public sentiment in order to understand perception trends and the digital psychology of capital market participants regarding the issue of the simultaneous resignation of the Indonesia Stock Exchange (IDX) board members. The research applies the IndoBERT (Bidirectional Encoder Representations from Transformers for the Indonesian language) deep learning architecture through a fine-tuning process on a dataset of YouTube comments. The textual corpus was cleaned from noise, normalized from stock market slang vocabulary, tokenized, and automatically classified into three sentiment polarities: positive, neutral, and negative. The analysis stage was further continued with dominant keyword extraction using Word Cloud visualization and word frequency trend mapping to identify psychological variables driving market opinions. The model successfully classified the semantic complexity of informal language objectively. Visualization results indicate that communication dynamics were overwhelmingly dominated by negative sentiment (57.5%), reflecting widespread public concern and declining confidence in capital market stability due to the structural crisis. This study demonstrates the effectiveness of local transformer models as instruments for extracting digital market psychology to support real-time automated investment decision-making.