The Fear and Greed Index is at 30 today, down from 51 a week ago and 74 a month ago—sentiment has fallen fast. But the major coins aren't all in the red: according to CoinGecko data, ETH is up about 2.2% in 24 hours to $2,241, XRP is up about 2.7% to $1.25, and SOL is around $96.60, up 1.6%.
My take: The major coins are holding up relatively well amid the panic, suggesting passive selling pressure is easing as the market digests the Binance situation. But how Binance withdrawals resume remains a key variable, so don't go all in on impulse.
$ETH $XRP $SOL #市场情绪 #Fear and Greed Index
For reference only; this is not investment advice.
My take: The major coins are holding up relatively well amid the panic, suggesting passive selling pressure is easing as the market digests the Binance situation. But how Binance withdrawals resume remains a key variable, so don't go all in on impulse.
$ETH $XRP $SOL #市场情绪 #Fear and Greed Index
For reference only; this is not investment advice.