Crypto Heat Map

In the crypto market, there are different metrics to figure out the overall sentiments, and a heat map is another sentiment parameter that we can check out to see how the market is going. It is like a method through which we get to know the majority of coins are in red or green colour, and that is why today I'm sharing this to share some market sentiments that you can check out in a glance.

The reason why this methodology is popular is that you get to see how things are doing in the market, and, for example, if you refer to the snapshot that I have shared below, you will be able to see that the majority of coins are in green. Obviously not everything is green, which means some of the coins are in also red. So now we can figure out the overall market sentiments, whether it is bullish or bearish, and obviously, I'm not talking about the market cycle because that is something else, and it has nothing to do with the heat map for a day.

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You can see that the popular coins are showing in green colour except Solana, and obviousl,y I'm not talking about these table coins because slight fluctuation is not going to make any big difference on those coi,ns and little bit fluctuation is always possible in this market So that's not a big amount and technically it does not make any bigger difference.

So now in the current scenario majority of coins are in red even though some sort of value drop has happened but again it's a market and we just can't expect things to go upside every time so it is good that we keep a track but it is also important to be practical since it is a market and things are always expected to be going up and down.

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