Cena Aavegotchi FOMOFOMO

Crypto market stable on Monday morning after big jump on Sunday Evening. All eye on Nasadaq today. Will We see continue outflow in BTC ETF or we see FOMO after yesterday news.

Sunday evening, 10-20% boost on the whole crypto market. Sweet. Monday will be a lovely day for security audit providers in the space, the FOMO to launch is strongest with founders in such moments, seen it a dozen times now✌️

The crypto market is under severe bear pressure , and a glance across the price chart of the top cryptocurrencies reveals this. Bitcoin, the largest cryptocurrency by market capitalization, lost nearly 24% in the past month, leading other cryptos to a massive loss of value in the cryptocurrency market. Last month’s events have changed the crypto market narrative, flipping a once bullish market into a significantly bearish environment. The swift change in narrative impacted users’ sentiments, with the crypto market moving from a greedy sentiment to extreme fear in less than 30 days. A historical assessment shows the crypto market was “Greedy” last month and “Neutral” a week ago before shifting into “Extreme Fear” in the past few days. How quickly things changed in the market has triggered FUD, leaving many traders confused and unsure whether to hold on to their positions or to sell off their portfolios. Related: Crypto Market Plunges to “Extreme Fear” – Time to Buy? For context, the Fear and Greed index measures the emotional state of crypto market participants. The analysis tool measures users’ reactions using human behavioral data and their potential behavior under varying market conditions. People tend to get greedy during bull runs because of the Fear Of Missing Out (FOMO). In contrast, they often sell their assets during market declines because of Fear, Uncertainty, and Doubt (FUD). Expert traders have figured out ways of capitalizing on human behavioral tendencies to find profitable opportunities in the crypto market. Therefore, experienced traders often consider extreme fear market conditions as buying opportunities, noting the chance that digital assets would be at their lower prices and more affordable. In contrast, they see greedy conditions as opportunities to sell. Related: Bitcoin Bull Run Cycle? Chart Points to Next Phase for BTC with Price Analysis That explains the zig-zag behavior of the crypto market, highlighted by the past month’s trend when the market tumbled from “Extreme Greed” to “Extreme Fear” over a short period. Considering the prevailing situation, many top experts believe the cycle will continue, and traders who purchase crypto at the current price could be making the right decision. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

I think when $ETH starts to run It’ll run hard and FOMO will reach peak levels

Bears feasting while fomo longs getting rinsed.