$BTC Market sentiment thermometer: Fear & Greed Index at 57 (Greed), down 12 from yesterday.
Folks, what is the Fear & Greed Index? Here’s the quick version👇
It combines several data points: price volatility, market momentum and trading volume, social media buzz, Bitcoin’s share of the total market cap, search trends, and more.
Fear can last for weeks, and greed can get even hotter. Relying on this number alone to call a market top can easily make you exit too early.
Indicators can fail, so risk management should never be ignored: think first about what you’ll do if you’re wrong—that matters more than whether your prediction is right.
Folks, what is the Fear & Greed Index? Here’s the quick version👇
It combines several data points: price volatility, market momentum and trading volume, social media buzz, Bitcoin’s share of the total market cap, search trends, and more.
Fear can last for weeks, and greed can get even hotter. Relying on this number alone to call a market top can easily make you exit too early.
Indicators can fail, so risk management should never be ignored: think first about what you’ll do if you’re wrong—that matters more than whether your prediction is right.