😅NOTHING CHANGES AS FAST AS PEOPLE'S HEARTS 😅
Just 4 months ago, the Fear/Greed index peaked at 90 points. (EXTREMELY GREEDY level)
After yesterday's crash, this index dropped to 26 points (FEAR level). This is the lowest level in more than 1 year, equivalent to the price of $BTC at $17k in January 2023. At that time, the market was experiencing a long winter and was affected by the collapse of FTX at the end of 2022.
However, I think the market still has to move from FEAR to EXTREME FEAR in order to continue to grow strongly.
Meaning, the Fear/Greed index can drop below 10.
