📎 Data: $BTC ｜Fear & Greed Index 57｜Greed｜-12 vs. yesterday
· What it is: The social media component measures the volume of discussion and pace of engagement around Bitcoin topics. A sudden surge in engagement often corresponds to greater greed.
· How to read it: Trends over several consecutive days are usually more useful than a single day's reading. A gradual rebound from a low and a rapid drop from a high mean different things.
Learning to read indicators is easy; the hard part is still following the rules when the market is at its most extreme.
· What it is: The social media component measures the volume of discussion and pace of engagement around Bitcoin topics. A sudden surge in engagement often corresponds to greater greed.
· How to read it: Trends over several consecutive days are usually more useful than a single day's reading. A gradual rebound from a low and a rapid drop from a high mean different things.
Learning to read indicators is easy; the hard part is still following the rules when the market is at its most extreme.