How much do you trust such an indicator as the Fear and Greed Index ? Today, for the first time in 10 months, BTC began to show "Greed".
How good is it? In theory, this means that investors are slowly starting to accumulate positions.
But in fact, small players, as always, began to buy bitcoins as soon as the price began to rise.
Is this the right strategy? Personally, I do not trade on this indicator. After all, very soon the big players will want to shake up the market.
Surprisingly, while the price is falling, there are few people willing to buy the asset. And they run to buy only when the price gives a noticeable increase.