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Cafebit.org
@cafebit
Just 4 months ago, the Fear/Greed index peaked at 90 points. (EXTREMELY GREEDY level) After yesterday's crash, this index dropped to 26 points (FEAR level). This is the lowest level in more than 1 year, equivalent to the price of BTC$BTC at $17k in January 2023. At that time, the market was experiencing a long winter and was affected by the collapse of FTX at the end of 2022. However, I think the market still has to move from FEAR to EXTREME FEAR in order to continue to grow strongly. Meaning, the Fear/Greed index can drop below 10.
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