Fearful on the left and greedy on the right
So, the index of fear and greed assesses the sentiment of the crypto market from 0 to 100.
If the arrow points to values from 0 to 49, then fear prevails and the lower the value, the stronger it is.
Fear means oversupply in the market, everyone is selling, price is falling.
Greed (50 to 100) on the contrary indicates overvaluation of cryptocurrencies and the formation of a possible bubble.
Greed means everyone is buying, price is going up, but sooner or later the bubble might burst, be careful.
