FOMO At Least Not at Peak Levels as Bitcoin Tries to Make History Once Again
😄 Are traders showing a high level of FOMO as Bitcoin's market value ranges around the $110K level? A bit, but the euphoria has calmed down a bit. And with mar
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😄 Are traders showing a high level of FOMO as Bitcoin's market value ranges around the $110K level? A bit, but the euphoria has calmed down a bit. And with markets moving the opposite direction of retailers' expectations, we want to continue to see some reasonable doubt.
Over the past week, we have highlighted 3 spots where there is a dangerous level of euphoria, and 3 spots where traders were overly fearful. Look for spots where bearish commentary is outweighing the bullish, as they continue to present great spots for opening & adding on to your positions.
The sentiment chart is available here, and can be toggled to 4,000+ assets.
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