🐋 Let's see what mood the market wakes up with today
Fear and greed yesterday showed 10 - this is the most severe fear value in the entire cycle. And it's not surprising after what happened on October 10th: the largest liquidation candle, empty order books, market makers sharply removing liquidity, investors going into defense, and ETF flows that immediately turned into outflows. In short, the market was really blown out then.
Today, the mood has slightly revived - the index rose to 28, but we are still in the fear zone.
And what's interesting is that more and more people are starting to openly talk about the bear market. But right now, it is still difficult to label it as a "bear market." If this is just a correction within the cycle, then such a mood can even become beneficial.
Markets always like to go against the emotions of the crowd. And right now, that emotional consensus is being formed.
