Just saw: $BTC
Market sentiment reference: Fear & Greed Index 57 (Greed), down 12 from yesterday.
People often ask how to interpret the Fear & Greed Index. This is how I see it.
Fear and greed are just labels for the different ranges. Values within the same range can still vary quite a bit, so looking at the number gives you more detail than looking at the label alone.
When readings are at either extreme, market swings are often large too. That’s when it’s even more important to manage your position size rather than rush to add to it.
Don’t chase trades during the few minutes when volatility is highest. Wait for the price to settle before deciding.
#BTC
Market sentiment reference: Fear & Greed Index 57 (Greed), down 12 from yesterday.
People often ask how to interpret the Fear & Greed Index. This is how I see it.
Fear and greed are just labels for the different ranges. Values within the same range can still vary quite a bit, so looking at the number gives you more detail than looking at the label alone.
When readings are at either extreme, market swings are often large too. That’s when it’s even more important to manage your position size rather than rush to add to it.
Don’t chase trades during the few minutes when volatility is highest. Wait for the price to settle before deciding.
#BTC