Hey DEFI TIMES community, Prices have been flat recently - many newcomers are worried about whether we could have reached this cycle’s top. Prices are simply not catching up with the momentum we have seen in February. The best way to analyze the market sentiment in crypto is the Fear & Greed Index. To be honest, we are still in the “Greed” phase; however, the current market sentiment feels a lot different from the February sentiment. Even though the Fear & Greed index is sitting comfortably at 70-levels (Greed), we are far away from the extreme greedy areas we have seen in February.
The Calm Before the Storm - CRYPTO FRIDAY
The Calm Before the Storm - CRYPTO FRIDAY
The Calm Before the Storm - CRYPTO FRIDAY
Hey DEFI TIMES community, Prices have been flat recently - many newcomers are worried about whether we could have reached this cycle’s top. Prices are simply not catching up with the momentum we have seen in February. The best way to analyze the market sentiment in crypto is the Fear & Greed Index. To be honest, we are still in the “Greed” phase; however, the current market sentiment feels a lot different from the February sentiment. Even though the Fear & Greed index is sitting comfortably at 70-levels (Greed), we are far away from the extreme greedy areas we have seen in February.