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UNDERSTANDING THE FEAR & GREED INDEX IN CRYPTO 📊🤔

The Fear & Greed Index is a tool to measure the GENERAL MARKET PSYCHOLOGY of the cryptocurrency market.

It ranges from 0 (EXTREME FEAR) to 100 (EXTREME GREED).

When the index is LOW (for example, near 0 - FEAR): It indicates that the market may be OVERSOLD. This could be a sign that investors are too pessimistic and may present a potential BUYING OPPORTUNITY.

When the index is HIGH (for example, near 100 - GREED): It warns that the market may be OVERBOUGHT, indicating a bubble. This shows excessive optimism and could signal an upcoming PRICE CORRECTION.

Binance Square also COMBINES trading data and insights into user behavior to provide a more COMPREHENSIVE and ACCURATE view of this index.

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