Just saw: $BTC . Market sentiment reference: Fear & Greed Index 61 (Greed), down 3 from yesterday.
People often ask how to interpret the Fear & Greed Index, so here’s how I see it.
The index is published only once a day. It reflects market conditions over a recent period, not intraday changes.
Extreme fear can last a long time, and extreme greed can keep getting greedier. Looking at this number alone to try to call the market top often means getting out too early.
The point of understanding an indicator is to avoid being spooked by the numbers, not to use it to predict price movements accurately.
#BTC #Tether冻结Ledger盗窃案相关USDT
People often ask how to interpret the Fear & Greed Index, so here’s how I see it.
The index is published only once a day. It reflects market conditions over a recent period, not intraday changes.
Extreme fear can last a long time, and extreme greed can keep getting greedier. Looking at this number alone to try to call the market top often means getting out too early.
The point of understanding an indicator is to avoid being spooked by the numbers, not to use it to predict price movements accurately.
#BTC #Tether冻结Ledger盗窃案相关USDT