Since July it's the first time that the Greed index has fallen to 27 which puts us in the "Fear" category. It has gone down very quickly in the past few days, here are some data to corroborate the claim. Today: Fear 27 Yesterday: Neutral 50 Last Week: Fear 30 Last month: Extreme Greed 76 Index over the past three months It is calculated on the following metrics: Volatility(25%), Market Momentum/Volume(25%), Social Media(15%), Surveys(15%), Dominance(10%), Trends(10%). Personally, I will be investing more in my favorite projects but as usual DYOR. [link] [comments] |
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