ADA Fear & Greed indicator turned to extreme greed
Mar 4, 2023| 2 minutes read
ADA Fear & Greed indicator turned today to extreme greed
If you're seeing the Fear & Greed index hit high levels, it's important to take a step back and evaluate your portfolio. This may not be the best time to make new purchases, as the market may be due for a correction.
On February 15, 2023, we reported in a LinkedIn post , that Fear & Greed indicator turned to greed, later followed by a pullback in risk appetite in the week after.
After one week of more cautious sentiment among investors, today our Fear & Greed Indicator turned again to greed, pointing to the growing risks of a market correction for the next 7 days.
ADA Fear & Greed Index is public, updated every hour and has a great track record in timing the markets.