🔥🔥🔥 Are traders back in FOMO mode? It's not so straightforward
Despite the fact that $BTC is trading around $110K, the level of euphoria in the market has slightly diminished. And this is actually a good sign. Because the market loves to move against the expectations of the crowd.
Over the past week, we have identified 3 zones of excessive optimism and 3 zones where participants were too scared. And it is often fear that opens up the best entry points.
Pay attention to areas where bearish sentiment outweighs bullish — such zones continue to provide excellent opportunities for building positions.
Less emotion — more strategy. As always, we play against the crowd.
