#BinanceTurns8

This image shows the Fear and Greed Index, which is an indicator used to measure the general sentiment of investors towards the market — are they in a state of fear or greed? This helps traders make their decisions based on "market psychology".

The number 69 (Greed): This is the current number of the index, which means that the market is in a high greed state, meaning that investors are very optimistic and perhaps reckless in their buying decisions.

Yesterday: 67 (Greed) the index was close to now, and greed continues.

Last week: 51 (Neutral) the market was balanced between fear and greed.

Last month: 61 (Greed) the situation was also leaning towards greed but less than now.

What does this mean for you?

When the index is in the green area (High Greed), it may mean that the market is overly optimistic, and a correction may happen soon. When it is in the red area (High Fear), there are often good buying opportunities because the market is very pessimistic.

🔁 The principle of the index simply

(0–24) Extreme Fear 😨 Buying opportunity (the market is usually low and prices are tempting)

(25–49) Fear There may be a buying opportunity but with caution

(50–54) Neutral The market is stable, no temptations or clear risks

(55–74) Greed 😏 The market is rising, but there is an exaggeration in optimism

(75–100) Extreme Greed 🤑 Beware! A correction or drop may happen soon

🧩 Summary

> ❗ "Be fearful when others are greedy, and be greedy when others are fearful." — Warren Buffett