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Заголовок Crypto Fear & Greed Index Continues To Fluctuate At Neutral, Where Are We Headed Next?
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Crypto Fear Greed Index Continues To Fluctuate At Neutral, Where Are We
Headed Next?

Crypto Fear Greed Index Continues To Fluctuate At Neutral, Where Are We
Headed Next?

by Scott Matherson

27 mins ago

in Crypto News

0

The Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and general crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта crash has sent investors spiraling and
sentiment has completed been eroded as a result of this. The Crypto Fear &
Greed Index , which measures investor sentiment, has plummeted during this
time. But with the fluctuation in the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin price, investors remain
indecisive on their view of the market.

Crypto Fear & Greed Index Struggles At Neutral

The Crypto Fear & Greed Index uses a number scale to show how investors
are viewing the market at any given time. It takes into account a number of
indicators, ranging from volatility to social media sentiment, market
momentum, market volume, dominance, and trends.

Related Reading: Shiba Inu Gets Major Boost From Coinbase With Latest CFTC
Filing

By taking an aggregate of these data, the index then ranks crypto investor
sentiment ranging from 1-100. Between 1 and 24 puts the sentiment at Extreme
Fear, and between 24 and 46 puts it at Fear. From 47 to 53 is Neutral, 54 to
74 is Greed, and 75 to 100 is Extreme Greed.

Each of these categories represent how investors are feeling at a given time
and helps to shows whether it’s a good time to buy or not. When the index is
in Greed, it usually means that the market will be correcting soon, and when
it’s in Extreme Fear, it is usually a time to buy.

However, right now, the index is at a score of 53, which represents the
neutral level. What this means is that investors are not currently
particularly bullish or bearish, and rather, remain undecided as to what they
are going to do next.

In cases such as this, the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта is susceptible to large fluctuations
in price. This can also mean very high volatility as investors take positions
on either side. However, this gives all investors equal opportunity to move
their market in their favor.

Related Reading: Here’s Why PEPE Price Has Been Struggling Over The Weekend

If sellers were to continue at this point, then the price of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
such as Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin could continue to decline . In the same vein, if buyers were
to win out, crypto prices would retain as much of an opportunity to rise
rapidly and continue the uptrend.

With the start of the new month, though, the tug of war between the bulls and
the bears has continued. The crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта cap has fallen by around $30
billion since the new month began. However, this comes after an initial market
cap pump to $2.29 trillion before falling back down to $2.26 trillion at the
time of writing. Total market struggles amid decline in sentiment | Source:
Crypto Total Market Cap on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

============= Итог: 2,1990 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Bitcoin


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