🐋 $BTC Sentiment Thermometer: Fear & Greed Index 69 (Greed), up 8 from yesterday.
Sentiment indicators are useful for managing funds, provided you know how they’re calculated.
The market momentum and volume component compares current volume with the averages over the past 30 and 90 days. When the market is rising and buying volume keeps increasing, it’s counted as greed.
Sentiment indicators can help you see whether you’re being swept up in the crowd’s emotions—which may be more useful than guessing whether prices will rise or fall.
Reading the indicators isn’t hard. The hard part is sticking to your plan when emotions are running high.

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