Is the Crypto Fear/Greed Reading Correct?

2024年7月14日

Sources say that the Crypto market still has persistent fears from the latest news sentiment causing fears and dumping/liquidation.

Despite this, the trajectory of US news, not dissuaded by PPI, presents more of a 'Risk On' scenario.

Price momentum also looks like it is not slowing, so we may see further retracement before any real kick back going into next week.

So particularly, situations like this give you good reason not to trust the CFGI entirely, and just take it with a pinch of salt.

2024年7月15日

註釋

Further Long Side Impetus Inflow. Hitting 'Bump' zone 1

2024年7月15日

註釋

Full Plans into Monday rally.

2024年7月18日

註釋

Price 'Re-Trying' same areas. Little kickback, would not be surprised if continued impetus persists back to highs.