The greed index hits a new high, and market sentiment is soaring!
According to Alternative data, today's Fear and Greed Index rose to 73 (up from 72 yesterday), still in the "Greed" range! Everyone is frantically chasing the rise, and the market atmosphere is vibrant.
This index combines various factors such as volatility, market trading volume, and social media heat, clearly demonstrating that investor sentiment has been pushed to the limit, and the level of greed in the market is skyrocketing. Every fluctuation in the market is a game between greed and fear.
At this moment, should one continue to chase the rise or stay calm? The market has entered a high-risk period; who will come out on top in this game?
Stay alert, closely monitor market dynamics, and only by understanding how to manage the risks behind greed can one secure victory amidst this ever-changing landscape! Follow Uncle Qian for unique market insights every time!