The Fear Index finally budged! It went from 20 to 21. Although it's still in the fear zone, this is the first uptick we've seen in a whole week.
What’s the signal?
Extreme fear was locked at 20 for what felt like ages. BTC surged from 59,000 to 64,000, and the Fear Index barely moved. Now that the US-Iran peace agreement text is set, oil prices have tanked, and Standard Chartered is calling a bottom—fear has eased up a bit.
Don’t underestimate this single point. Historically, every time the Fear Index rebounds from the bottom, it usually means the most panicked moments are behind us.
But can this rebound hold? Tomorrow's FOMC is the first test.
The quantitative trading system CoinRadar has been scanning signals on-chain while everyone else was panicking:
DN — Trend 14/15, Confirmation 5/6 — +352%
ROLL — Trend 10/15, Confirmation 4/6 — +174%
BABYSHARK — Trend 11/15, Confirmation 4/6 — +77%
Fear has loosened up a bit, and what’s next?
$BTC #FOMC #Crypto #FearIndex
What’s the signal?
Extreme fear was locked at 20 for what felt like ages. BTC surged from 59,000 to 64,000, and the Fear Index barely moved. Now that the US-Iran peace agreement text is set, oil prices have tanked, and Standard Chartered is calling a bottom—fear has eased up a bit.
Don’t underestimate this single point. Historically, every time the Fear Index rebounds from the bottom, it usually means the most panicked moments are behind us.
But can this rebound hold? Tomorrow's FOMC is the first test.
The quantitative trading system CoinRadar has been scanning signals on-chain while everyone else was panicking:
DN — Trend 14/15, Confirmation 5/6 — +352%
ROLL — Trend 10/15, Confirmation 4/6 — +174%
BABYSHARK — Trend 11/15, Confirmation 4/6 — +77%
Fear has loosened up a bit, and what’s next?
$BTC #FOMC #Crypto #FearIndex