Crypto Fear and Greed Index
There are different parameters in markets that are used to figure out the market sentiments, and out of all, the fear and greed index is the one that is quite popular among traders and investors. In the crypto market, this is used a lot by people to understand how things are going, and that is something I'm going to talk about in this post today. I hope that this will help you have a better understanding of the market in the current time.
Currently, the index is showing as 40, which is neutral and in this number, we cannot say that the market is bearish or bullish because the sentiments are kind of neutral, where people are waiting for some sort of opportunity in the market to buy or sell. And that is the stage where we can call it a neutral market sentiment.
This is also the time when the Bitcoin growth is good, but the altcoin rally has not yet started, and people are anticipating that the next quarter is going to be the great one for the market.
The market rally this time has been completely different. If we do the comparison between the last cycle and the upcoming cycle, you can say, but certainly it is not going on. Things are not the same, and hopefully, it will just work better than all the seasons that have happened in the past. And the bigger question is, when is that going to happen?
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