【FNG Hits 72—Are You Really That Brave to Chase AVAX This Time?】
FNG is back at 72 again—Greed. Even though the emotions didn’t get brought down over the weekend, the weekly average is still 72.
Honestly, when I see this number, my first reaction isn’t “The market is coming.” It’s a chill down my spine. I remember clearly how long FNG hovered above 80 during the 2021 bull run. Back then, I also thought this time was different—I thought I could manage to get out unscathed. What happened instead? That money wasn’t earned by my own ability; it was given by the market. And when the market wants it back, it doesn’t leave any room.
AVAX is now $ 10.97, just one step away from the resistance at 11.39. In seven days it’s up 7%. It doesn’t look strong—but the issue isn’t how much it’s rising. The problem is how it’s rising: no fundamental driver, no real positive catalysts—just sentiment pushing it higher. FNG 72 is the proof.
I chased AVAX in 2021 and it dropped 92% before I got out. That wasn’t AVAX’s fault—it was my own. But now I want to ask: what’s different about AVAX this time? Has the protocol upgraded? Has TVL returned? Has there been real user growth?
I don’t know.
I only know that right now FNG is in the Greed zone. Exchange funding rates are very likely elevated, and leveraged longs are starting to pile up again. In this kind of moment, I choose to leave myself some breathing room—not because I’m bearish, but because I’m afraid of getting wiped out. Missing this wave would just mean I slap my own thigh. But getting trapped would make me uncomfortable for months.
What about you? What’s your mindset right now? Can you still hold your positions steadily—or have you already started getting itchy to trade?
FNG is back at 72 again—Greed. Even though the emotions didn’t get brought down over the weekend, the weekly average is still 72.
Honestly, when I see this number, my first reaction isn’t “The market is coming.” It’s a chill down my spine. I remember clearly how long FNG hovered above 80 during the 2021 bull run. Back then, I also thought this time was different—I thought I could manage to get out unscathed. What happened instead? That money wasn’t earned by my own ability; it was given by the market. And when the market wants it back, it doesn’t leave any room.
AVAX is now $ 10.97, just one step away from the resistance at 11.39. In seven days it’s up 7%. It doesn’t look strong—but the issue isn’t how much it’s rising. The problem is how it’s rising: no fundamental driver, no real positive catalysts—just sentiment pushing it higher. FNG 72 is the proof.
I chased AVAX in 2021 and it dropped 92% before I got out. That wasn’t AVAX’s fault—it was my own. But now I want to ask: what’s different about AVAX this time? Has the protocol upgraded? Has TVL returned? Has there been real user growth?
I don’t know.
I only know that right now FNG is in the Greed zone. Exchange funding rates are very likely elevated, and leveraged longs are starting to pile up again. In this kind of moment, I choose to leave myself some breathing room—not because I’m bearish, but because I’m afraid of getting wiped out. Missing this wave would just mean I slap my own thigh. But getting trapped would make me uncomfortable for months.
What about you? What’s your mindset right now? Can you still hold your positions steadily—or have you already started getting itchy to trade?