Watch these 3 signals in a bear market: greed, consolidation, and breakout
The Greed Index is at 67 (Neutral). The market is currently consolidating, with moderate trading volume. $BTC and $ETH are losing momentum, while SOL is falling. ① After such a long sideways stretch, which way do you think the breakout will go—up or down?
② Both bulls and bears are making money, while anyone caught in the chop is taking a beating—how are you trading this consolidation? ③ With volume shrinking this much, can a trend reversal be far off? #BearMarketStrategy
Data sources: CoinGecko / Binance
The Greed Index is at 67 (Neutral). The market is currently consolidating, with moderate trading volume. $BTC and $ETH are losing momentum, while SOL is falling. ① After such a long sideways stretch, which way do you think the breakout will go—up or down?
② Both bulls and bears are making money, while anyone caught in the chop is taking a beating—how are you trading this consolidation? ③ With volume shrinking this much, can a trend reversal be far off? #BearMarketStrategy
Data sources: CoinGecko / Binance
