Crypto Fear and Greed Index
This is one of the metric in the market that I use a lot to see how things are going in the market and I'll tell you that you should also do if in case you're not doing that because once you start using this you will figure out that this is such a fantastic option to go through the market sentiment and understand how is it doing.
As of now, you see the number as 32, which is slightly improved if we do the comparison between what we had a few weeks back, but still, this number is not so great at the moment where you can say that things are really in the normal shape.
It is not normal because a lot of coins are still in the red zone, and I don't expect any significant recovery on those coin prices, so we need to wait, and it is hard to answer at the moment how much time it is going to take to see the momentum coming to those coin prices in the market.
Anyways, it is such a good metric that helps us understand the overall market sentiments and what should be the strategy at the moment in this market, whether it is good to buy or good to sell and maybe sometimes it is also good to hold, depending upon how the market behaves and what is the overall scenario in the market at some point in time.
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