@bunkervinnys
The Fear & Greed Index offers a snapshot of market sentiment, helping traders gauge whether the market is overly optimistic or fearful. When greed is high, it often signals an overbought market, possibly due for a correction. Conversely, extreme fear can indicate undervalued assets, presenting a potential buying opportunity. By using the index alongside technical analysis, traders can make more informed decisions, timing entry and exit points based on emotional extremes in the market. It’s a valuable tool for counteracting emotional bias and staying grounded during volatile periods.