🤐Whether or not the Uptrend will happen is more realistic than the concern of small fish.

From November 2023 -> February 2024, a strong downtrend with the fear&greed index at a neutral level also helped the market increase again. If the question is asked in reverse, when this index reaches 90%+ (extremely greedy), then when it returns to a stable level, it will cause the market price to drop quickly and steadily??

Everything is uncertain, but when market sentiment is at an average level but prices still increase continuously, it shows that the fomo peak stage has not yet reached. There is a high possibility that it will happen but it can also be swept immediately after that. In general, the short term continues to increase.

In the case that the capital is mainly from big players in the market and there may not be a period of strong fomo increase, the price will continue sideways with stronger volume and immediate dumping (be careful in the 4h case).

Case is cyclically stable

In the case of chaos, the market may run out of vol and in the next 2 cases it will follow the short-term trend and the box cycle will no longer be correct, it may be in stage 3 and it is very easy to switch from accumulation. to distribution as well as what is happening in the d SOS (wyckoff) phase but there is bad news and the move to a downtrend, if your style is weekly trading, you should close at 69200, and reduce vol at this stage because of psychology. it will be easy to go all in because no method will stabilize in this chaotic period.

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