Our Fear & Greed Index shows "Greed" - Sell Greed, Buy Fear
Our version of Fear & Greed Index shows "Greed".
The values on Fear and Greed Index range from -1000 000 (extreme fear) to 1000 000 (extreme greed).
The zones are separated as follows: -500 000 = Extreme Fear -500 000 - 0 = Fear 0 - 500 000 = Greed 500 000+ = Extreme Greed
It can be argued that when the market approaches or is in the "extreme greed" zone, traders are becoming overly greedy and the market is overdue for a correction. Similarly, it can be argued that when the market is in the "extreme fear" zone, traders are being overly cautious and the market will soon reverse. Our Fear and Greed Index gets updated every nanosecond. In order to calculate the fear and greed index, we gather data from 5 different sources:
Volume
Open Interest
Social Media (Reddit & Twitter)
Search Data (Google & Bing)
AI opinion
AI painted the chart using TradingView's native charting tools.
Analysis: we used Google ML "Firebase" Toolkit, OXYBITS Space Invariant Artificial Neural Networks.
Bitcoin can't break AI's resistance: