Technical Notes｜$BTC ｜Fear and Greed Index 30｜Fear
Definition: The Fear and Greed Index condenses market sentiment into a number from 0 to 100: the closer to 0, the greater the fear; the closer to 100, the greater the greed.
How to read it: When readings become extreme, market volatility is usually high too. At such times, it’s more important to manage leverage than to rush to add to your position.
Learning to read indicators isn’t difficult. The hard part is still following the rules when emotions are at their most extreme.
#BTC
Definition: The Fear and Greed Index condenses market sentiment into a number from 0 to 100: the closer to 0, the greater the fear; the closer to 100, the greater the greed.
How to read it: When readings become extreme, market volatility is usually high too. At such times, it’s more important to manage leverage than to rush to add to your position.
Learning to read indicators isn’t difficult. The hard part is still following the rules when emotions are at their most extreme.
#BTC