@dreamc
Volatility indicators, such as the VIX, measure market fear and uncertainty. While the VIX is designed for traditional markets, similar indicators like the Crypto Fear & Greed Index serve the same purpose for cryptocurrency markets. These indicators track sentiment, with a high reading indicating fear and expected volatility, and a low reading suggesting greed and stability. When fear increases, cryptocurrencies tend to experience higher volatility, leading to sharp price swings. Traders can use these indicators to gauge the level of market risk and adjust their trading strategies accordingly, either to capitalize on volatility or protect against potential downturns.