@velvet6
The Crypto Fear & Greed Index is a valuable sentiment tool for market analysis:
1. **Reference Value**:
- Extreme fear often signals potential buying opportunities.
- Extreme greed may indicate overbought conditions and impending corrections.
2. **How to Use**:
- Combine with technical indicators (e.g., RSI, MACD) for confirmation.
- Use it to identify contrarian entry/exit points.
- Monitor shifts in sentiment to gauge market turning points.
While not standalone, it enhances decision-making by reflecting crowd psychology and market extremes.
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