The Greed Index has gradually retreated from 68 in the middle of last week
down to 48 today
putting it in neutral territory
According to alternative.me, over the past eight days or so, it went
from 55 to 63 to 68
then dropped back to around 50
today it reads 48
two points lower than yesterday
Not exactly fear
and not FOMO either
just somewhere in the middle
The Federal Reserve meets on October 27–28
The market broadly expects it to hold steady
Whether there’ll be another rate hike by year-end
is still anyone’s guess
Oil and inflation narratives remain tangled up
Before the decision is announced
risk assets love to play dead
Crypto prices are grinding around 80,000
The index is neither fearful nor greedy
This is exactly where it’s easiest to get baited into a trade
One side thinks it’s time to buy the dip
the other thinks it’s time to short
Neither has solid evidence
Neutral doesn’t mean safe
Neutral means a vacuum
And fake breakouts are most likely in a vacuum
xxlb: Treat your position like a blunt instrument
Don’t mistake neutral sentiment for a breakout signal
Wait for the statement before talking direction
It’s easier than guessing whether to go long or short now
Make fewer moves before the statement
Watch the reaction afterward
That’s steadier than betting on a direction in advance
The index has retreated from 68 to 48
It hasn’t crashed
The heat has just died down
During a cooldown, the biggest risk is making up a story in your own head
$BTC
#BTC #恐慌指数 #FOMC #美联储 #Sentiment
down to 48 today
putting it in neutral territory
According to alternative.me, over the past eight days or so, it went
from 55 to 63 to 68
then dropped back to around 50
today it reads 48
two points lower than yesterday
Not exactly fear
and not FOMO either
just somewhere in the middle
The Federal Reserve meets on October 27–28
The market broadly expects it to hold steady
Whether there’ll be another rate hike by year-end
is still anyone’s guess
Oil and inflation narratives remain tangled up
Before the decision is announced
risk assets love to play dead
Crypto prices are grinding around 80,000
The index is neither fearful nor greedy
This is exactly where it’s easiest to get baited into a trade
One side thinks it’s time to buy the dip
the other thinks it’s time to short
Neither has solid evidence
Neutral doesn’t mean safe
Neutral means a vacuum
And fake breakouts are most likely in a vacuum
xxlb: Treat your position like a blunt instrument
Don’t mistake neutral sentiment for a breakout signal
Wait for the statement before talking direction
It’s easier than guessing whether to go long or short now
Make fewer moves before the statement
Watch the reaction afterward
That’s steadier than betting on a direction in advance
The index has retreated from 68 to 48
It hasn’t crashed
The heat has just died down
During a cooldown, the biggest risk is making up a story in your own head
$BTC
#BTC #恐慌指数 #FOMC #美联储 #Sentiment
