At 6 a.m., BTC was down 1.3%. Now it has recovered: 24-hour change is at zero, price at $63.1k USD. But Fear & Greed is still at 29 since yesterday. The price moved back; fear did not.
When the rebound doesn’t ease sentiment, two readings collide: either the market doesn’t trust the rally, or whoever is buying now is ahead of most people. The most revealing data point is the one that doesn’t change.
Do you trust a rise that nobody celebrates?
#Bitcoin #Crypto
When the rebound doesn’t ease sentiment, two readings collide: either the market doesn’t trust the rally, or whoever is buying now is ahead of most people. The most revealing data point is the one that doesn’t change.
Do you trust a rise that nobody celebrates?
#Bitcoin #Crypto