Just checked the fear and greed index - it's sitting at 22 right now, which is pretty extreme on the fear side. Up 9 points from yesterday, so there's been a slight shift, but we're still deep in panic territory. The 7-day average is hovering around 16, and if you look at the 30-day picture, it's even lower at 13. That tells you this fear greed index has been consistently showing strong bearish sentiment across the board. When the index stays this low for this long, it usually means we're either at a bottom or getting close to one. Worth keeping an eye on how it moves over the next few days.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin