The Fear & Greed Index: One Last Dance!
2024-11-17

Here we are once again, at a moment where everything seems to have gone smoothly. Trump won the election, BTC went parabolic and hit a new all-time high, major institutions bought Bitcoin, and there’s been a significant inflow into crypto.

It seems like there’s no confusion—everyone is expecting $100k, and I’m hoping for the same. However, the Fear & Greed Index is telling a different story.

Over the past week, the F&G Index has been in extreme greed, and today it has hit 90. This is its peak, and sooner or later, it will need to cool down. This means a quick market shift could occur, pushing the F&G Index to a neutral or fearful position.

What’s the best course of action right now?

~ Stay in USDT.
~ Avoid leverage trading, or use 2x-3x leverage with one or two positions.
~ Wait for the opportunity to buy BTC and altcoins during a dip.

Always conduct your own research and analysis before investing.

Trade safely.