Everywhere I see the same messages: “longs, the bear trend is over, we’re waiting for $90,000+.” Where did you even get this, you failed traders?))) I’m not even talking about the chart.
I went to check the main indicators, and the first thing that caught my eye was the Fear & Greed Index. Obviously, the indicator is very conditional, but it can be used when analyzing mass sentiment.
So: in 3–4 days, the index jumped from fear to strong greed, and pay attention to exactly where.
For several days, the index was at the same level as it was when the BTC price was $126 thousand. From the very bottom... And then right to this level... Well, and what happened to Bitcoin when it hit $126 thousand is obvious to everyone.
The hamsters want growth, they want capital to multiply on the spot market, they want it all here and now—so they open longs at the peaks.
So, what do you say?)) Will the market feed all these hamsters?))) I have doubts 😁
I went to check the main indicators, and the first thing that caught my eye was the Fear & Greed Index. Obviously, the indicator is very conditional, but it can be used when analyzing mass sentiment.
So: in 3–4 days, the index jumped from fear to strong greed, and pay attention to exactly where.
For several days, the index was at the same level as it was when the BTC price was $126 thousand. From the very bottom... And then right to this level... Well, and what happened to Bitcoin when it hit $126 thousand is obvious to everyone.
The hamsters want growth, they want capital to multiply on the spot market, they want it all here and now—so they open longs at the peaks.
So, what do you say?)) Will the market feed all these hamsters?))) I have doubts 😁
