$BTC Market sentiment reference: Fear & Greed Index 63 (Greed), up 10 from yesterday.
What is the Fear & Greed Index? Here’s a quick explanation 👇
The market momentum and volume component compares current trading volume with the averages over the past 30 and 90 days. When buying pressure remains strong during a rally, the reading is considered greedy.
The same reading can mean different things in rising and falling markets: greed can persist for a long time during an uptrend.
The same reading can mean very different things in different market conditions, so don’t apply any single rule blindly.
What is the Fear & Greed Index? Here’s a quick explanation 👇
The market momentum and volume component compares current trading volume with the averages over the past 30 and 90 days. When buying pressure remains strong during a rally, the reading is considered greedy.
The same reading can mean different things in rising and falling markets: greed can persist for a long time during an uptrend.
The same reading can mean very different things in different market conditions, so don’t apply any single rule blindly.