Crypto Fear And Greed Turns Neutral, What’s Next?
Bitcoin and the crypto market have seen downside price action on shorter timeframes. The first crypto by market cap has been trading in a tight range this week with sudden spikes in volatility impacting smaller cryptocurrencies. Related Reading | Dogecoin Soared After Elon Musk Bought 9.2% Of Twitter, What’s Next? Momentum seems to be favoring the bulls as Ethereum (ETH), Solana (SOL), Terra (LUNA), keep their gains as Bitcoin hints at further lows. SOL’s price records a 22% profit which makes it the best performing asset in the crypto top 10. At the time of writing, the crypto total....
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It’s the calm before the storm. What to do when the Fear and Greed index turns grey? Warren Buffett already told us to be greedy when others are fearful. We already know that we should be fearful when others are greedy. What should we do when the market it’s at a rare state of balance and expectations are high? We should probably take a page for those Bitcoin maximalists and… wait for it… HODL! One of the main criticisms that the Fear and Greed Index gets is that it encourages traders and investors to try to time the market instead of holding strong. Bad things happen to those who try to....
The Crypto market has been fluctuating heavily in the past couple of weeks but with last week’s rally had finally landed into the greed territory. However, as the rally had slowed down and the inevitable market correction had begun, sentiment had begun to shift once again into the negative. This had caused the Fear & Greed Index to reverse out of the greed territory, finally ending in neutral. Now, the market remains at a standstill waiting for the next move. Crypto Fear & Greed Index In Neutral The crypto Fear & Greed Index helps map out how investors are feeling towards the market.....
Data shows the Bitcoin trader sentiment has hit a net neutral level as the consolidation in the cryptocurrency’s price has continued. Bitcoin Fear & Greed Index Is Currently Exactly In The Balance The “Fear & Greed Index” refers to an indicator created by Alternative that keeps track of the average sentiment present among the traders […]
Data shows the Bitcoin Fear & Greed Index has returned back to the neutral territory, a sign that investors are losing optimism. Bitcoin Fear & Greed Index Has Reset Back To Neutral The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the traders in the Bitcoin and wider cryptocurrency markets. Related Reading: Dogecoin Gears Up For 60% Move—Will It Be Up Or Down? The index makes use of the data of these five factors in order to determine the trader mentality: trading volume, market cap dominance,....
Data shows the Bitcoin market sentiment has once again slipped into fear territory after standing neutral for the past couple of days. Bitcoin Fear And Greed Index Once Again Points At “Fear” The “fear and greed index” is an indicator that measures the general investor sentiment of the cryptocurrency market. The metric uses a numeric […]