Fear and Greed Index🔥
👉 This is one of the key auxiliary tools for understanding which phase the market is in🤔
It helps to understand the mood of the majority of traders and, therefore, their behavior
- In Greed
People see active growth of assets and think it will last forever, and they continue to buy🤑
- In Fear
The price of assets falls, and traders are afraid to buy, thinking that the price will continue to fall🥶