Market Notes｜$BTC ｜Fear & Greed Index 28｜Fear｜+3 from yesterday
Definition: The Fear & Greed Index condenses market sentiment into a number from 0 to 100: the closer to 0, the more pessimistic; the closer to 100, the more optimistic.
How to read it: The sentiment index generally follows price movements: prices plunge first, then fear rises. So it is more of a reflection than a leading indicator.
All data only summarizes past trends; prices can move in the opposite direction at any time.
Definition: The Fear & Greed Index condenses market sentiment into a number from 0 to 100: the closer to 0, the more pessimistic; the closer to 100, the more optimistic.
How to read it: The sentiment index generally follows price movements: prices plunge first, then fear rises. So it is more of a reflection than a leading indicator.
All data only summarizes past trends; prices can move in the opposite direction at any time.
