🔍 What is the Fear and Greed Index?

It's a scale from 0 to 100 that reflects the emotions driving the crypto market at any given time:

0 to 24 – Extreme Fear 😨

People are very worried, often selling off their crypto. This can indicate that the market is undervalued, which might be a buying opportunity.

25 to 49 – Fear 😟

There's some hesitation or worry. Investors might be unsure, and prices can be lower.

50 – Neutral 😐

Balanced sentiment. Neither fear nor greed dominates.

51 to 74 – Greed 😏

People are buying more, FOMO (fear of missing out) kicks in, and prices may rise quickly.

75 to 100 – Extreme Greed 🚀

Everyone is hyped. Prices might be overinflated. This can signal a possible correction coming soon.

📊 Why does it matter?

Fear can drive prices down (people sell in panic).

Greed can drive prices up (people buy irrationally).

Smart traders use this index to go against the crowd:

"Be fearful when others are greedy, and greedy when others are fearful." – Warren Buffett

📌 On Binance:

Binance sometimes features the Fear and Greed Index in its news section or charts. You can also check it on sites like alternative.me, which updates it daily.