Fear is still 34, and the morning slip did not change it. ๐จ
Alternative.me data for 4 November, reported by Token Times and BitcoinMargin, still reads 34, Fear, up from 26 yesterday and down from 51 a week ago, while Bitcoin trades near 76,708 dollars and most large coins are slightly red. ๐ My reading is that sentiment is stuck in the same place as the price, neither panicking nor recovering, because a single morning of green followed by a slip back is not enough to move a daily fear score. Traders are cautious, not capitulating, and cautious markets punish chasers first.
Does fear stay frozen at 34 while price drifts, or does a break of 76,303 push it back toward extreme fear? ๐ค
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketSentiment
Alternative.me data for 4 November, reported by Token Times and BitcoinMargin, still reads 34, Fear, up from 26 yesterday and down from 51 a week ago, while Bitcoin trades near 76,708 dollars and most large coins are slightly red. ๐ My reading is that sentiment is stuck in the same place as the price, neither panicking nor recovering, because a single morning of green followed by a slip back is not enough to move a daily fear score. Traders are cautious, not capitulating, and cautious markets punish chasers first.
Does fear stay frozen at 34 while price drifts, or does a break of 76,303 push it back toward extreme fear? ๐ค
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketSentiment
