Record Level of Fear 💬

Fear in the market today is at a historic peak – 10!

These are record values that are reached either in a Bear Market or upon reaching a local bottom in the market. Current values should be interpreted as the end of a corrective movement, as in practice we have never observed a significant correction from current values.

The onset of such a state of fear has always led to the quickest reversal.

If you were planning to short the current market (especially altcoins), you should think carefully.