@denart
❗️Fear and Greed Index
Yesterday, we saw a reading of 10, which is very rare.
The chart shows the days when this index was at 10 in green, and the days when it was at 79 in red.
❓Historically, after reaching 10, we either went into a sideways trend for several weeks, after which the decline continued, or a bottom formed.
📈 Therefore, for us, this is a signal that, in the current market conditions, BTC will most likely go sideways in the coming weeks, which may give altcoins a boost.