Yes, this indicator can occasionally be used as a reference
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LIVEM的操盘日记
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What does it mean when the “Fear and Greed Index” reaches 63?
#美联储11月降息预期升温 $BTC After a week of upward market, the "Fear and Greed Index" has now reached 63, which means "greed". What does this mean? Let's talk briefly:
The Fear and Greed Index is an indicator that measures market sentiment, and it usually reflects the psychological state of market participants through a combination of multiple factors. Its basic idea is that when the market is overly greedy, there may be a risk of a correction, and when the market is overly fearful, it may be a buying opportunity.
Composition of indicators
The cryptocurrency version of the Fear and Greed Index typically includes the following factors:
The Fear and Greed Index is an indicator that measures market sentiment, and it usually reflects the psychological state of market participants through a combination of multiple factors. Its basic idea is that when the market is overly greedy, there may be a risk of a correction, and when the market is overly fearful, it may be a buying opportunity.
Composition of indicators
The cryptocurrency version of the Fear and Greed Index typically includes the following factors:
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