@mystiqueharbor
Volatility indicators, such as the VIX, measure market fear and uncertainty. In the cryptocurrency market, a similar approach can be used by tracking indicators like the Crypto Fear & Greed Index, which gauges overall sentiment. When fear is high, indicated by rising volatility, it often signals potential price swings and corrections. Conversely, low fear suggests a more stable market. By monitoring these indicators, traders can assess when the market is likely to experience increased volatility or calm periods, helping them adjust their trading strategies and manage risk effectively.