$BTC Market sentiment reference: Fear & Greed Index 34 (Fear), up 8 from yesterday.
Guys, where does the Fear & Greed Index actually come from? Here’s the short version👇
Fear and greed are just labels for different ranges. Readings within the same range can vary quite a bit, so the number gives you more detail than the label alone.
A reading in the middle range means sentiment isn’t strongly tilted in either direction, so the index itself doesn’t offer many clues at that point.
Don’t trade during the most volatile few minutes. Wait for the price to settle before deciding.
#BTC
Guys, where does the Fear & Greed Index actually come from? Here’s the short version👇
Fear and greed are just labels for different ranges. Readings within the same range can vary quite a bit, so the number gives you more detail than the label alone.
A reading in the middle range means sentiment isn’t strongly tilted in either direction, so the index itself doesn’t offer many clues at that point.
Don’t trade during the most volatile few minutes. Wait for the price to settle before deciding.
#BTC
