$BTC ｜Fear and Greed Index 29｜Fear｜Up 1 from yesterday
Before looking at your positions, first understand the Fear and Greed Index.
The market momentum and trading volume component compares current trading volume with the averages over the past 30 and 90 days. When prices are rising and trading volume remains consistently strong, it is counted as greed.
Sentiment indicators largely follow price movements: prices fall first, and fear rises afterward. So the indicator is more of a reflection than a cause.
Understanding how to read indicators isn’t difficult; the hard part is still following the rules when the market is at its most extreme.
#BTC
I’m just sharing my opinion; this is not investment advice.
Before looking at your positions, first understand the Fear and Greed Index.
The market momentum and trading volume component compares current trading volume with the averages over the past 30 and 90 days. When prices are rising and trading volume remains consistently strong, it is counted as greed.
Sentiment indicators largely follow price movements: prices fall first, and fear rises afterward. So the indicator is more of a reflection than a cause.
Understanding how to read indicators isn’t difficult; the hard part is still following the rules when the market is at its most extreme.
#BTC
I’m just sharing my opinion; this is not investment advice.
