The Greed Index has climbed back from its lows to 58, and suddenly everyone thinks they’re hot stuff.
The really sneaky thing about this is that once it hits neutral, bulls and bears start calling each other idiots, and volatility tends to pick up.
Sentiment recovery ≠ trend reversal. What you should really watch is whether OI is quietly building up. Don’t let single-digit moves fool you into changing your position.
$BTC #Fear and Greed Index
The really sneaky thing about this is that once it hits neutral, bulls and bears start calling each other idiots, and volatility tends to pick up.
Sentiment recovery ≠ trend reversal. What you should really watch is whether OI is quietly building up. Don’t let single-digit moves fool you into changing your position.
$BTC #Fear and Greed Index