When I look at the market first, I go to the fear index because this is one of the metrics that helps me understand exactly how the market is doing, and I can figure out whether it is time to buy or sell, and also I can find out if this is time to hold. Such a nice metric that I have been using for a long time in the market, as it is very easy to access because I have shared the link below through the image source, which you can also access, and with Coinmarketcap website, it is also available on the home page. If you access the mobile application for CoinMarketCap, then there also you can also access it easily. And what I'm trying to say is that this metric is easily accessible for everyone, no matter which mode you visit the platform.
Currently this number is 27 which shows that market is not bullish rather than I can say that it is in a zone where there is a lot of fear But it is not extreme at this point because this year itself we have seen this number at 6 And that's something we can surely call extreme fear because at that point maybe people are just looking to sell out and harden people are ready to hold or buy.
It is clear that the market is not strong at this moment and surely not the right time so maybe we can call the market bear market as of now and to be honest I have no understanding that when things are going to reverse but it is a market cycle where some people are also anticipating that we are going to enter in super cycle so that 4 year cycle is no more exist in the market.
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469.997 SRY