$BTC Market sentiment thermometer: Fear & Greed Index at 61 (Greed), down 3 from yesterday.
Folks, where does the Fear & Greed Index actually come from? Here’s the short version👇
The index has five levels: Extreme Fear, Fear, Neutral, Greed, and Extreme Greed, and is published once a day.
The sentiment index generally follows price movements: prices fall first, then fear builds, so it’s more of a reflection than a cause.
Before trading with leverage, think about whether you can handle the worst-case scenario, then check what the indicator says.
#BTC
Folks, where does the Fear & Greed Index actually come from? Here’s the short version👇
The index has five levels: Extreme Fear, Fear, Neutral, Greed, and Extreme Greed, and is published once a day.
The sentiment index generally follows price movements: prices fall first, then fear builds, so it’s more of a reflection than a cause.
Before trading with leverage, think about whether you can handle the worst-case scenario, then check what the indicator says.
#BTC