#fomo According to Binance Square’s greed index, the current greed index has reached a historical high since November 21, that is, when the market has not been more FOMO than now in two years, the greed index has reached a bull market level, and Bitcoin at that time It has just hit a new high of $69,044, but now Bitcoin is $30,000, so the current market sentiment has completely reached a bull market state, but the market price is still far away. The main reason behind this round of soaring Fomo indicators is the price The sharp rise without warning led to a large number of shortfalls. The nature of the current market is still very deserted. There is no emergence of incremental funds and structural innovative applications, but is purely affected by the single news of ETF. Therefore, in this case The market can create a great deal of anxiety.

First of all, we must understand that the greed index only represents the market’s anxiety about missing out. It is only an auxiliary reference indicator, not a definition of bull or bear. Secondly, although it is the highest since 21 years, it cannot be compared with the sentiment in 21 years. Looking forward, the panic and greed index will be There have also been many high times in low positions. If we are looking for a sword, it can correspond to the cycle in the second half of 2019. When everyone was desperate, the panic and greed index was more reasonable. Now it is indeed very similar to the state of 19 that was exhausted but hoped for a rain of rain.

According to the submission time, the final decision on whether the ETF will be approved will be made on January 10, 2024. Those who speculate on the news in the three months before this will be very tormented. I am sure that various news will jump repeatedly and PUA will be short all the way. At the last step, the ETF passed and opened all the way higher. At the last step, the ETF rejected it. It is currently in the quantum entanglement Schrödinger currency speculation state.

No matter the news or analysis, the final result cannot be obtained. At this time, it is no different from gambling. The top of the food chain is the group of people who have afternoon tea with the Federal Reserve, SEC Blackstone, and the programmer who finally updates the results on the website.

So I personally recommend adopting a slightly conservative strategy.