#MarketGreedRising
Greed is taking over the market! 🔥
Today, we observe an abnormal situation in the markets: rapid rise, buying frenzy, and a wave of collective excitement... all of this is called excessive greed!
📈 What does this mean for the investor?
If you are a beginner or intermediate, this is a time for caution.
Rising greed usually precedes a correction or temporary decline.
Use your analytical tools: support/resistance, moving averages, and the RSI indicator to determine entry and exit points.
💡 Golden advice:
Don't get swept up with the crowd. Remember the smart investor's rule:
"Be fearful when others are greedy, and be greedy when others are fearful."
The market today is screaming #MarketGreedRising, think before you act, and preserve your capital!