✍️ Tips for assessing the market's FOMO level in 5 seconds & Finding buying points

Assessing the fear level of the market

Step 1: Go to CoinMarketCap/CoinGecko

Step 2: Sort the 24h volatility column, select the biggest drop first

- If more than 10 coins drop >25% in 24h, then the market is slightly fearful

- If most only drop 10-15%, then the market is not fearful

Step 3: Sort the 7-day volatility column, select the biggest drop first

- If more than 10 coins drop >50% in the past 7 days, then the market is slightly fearful

- If most only drop 30%, then the market is not fearful

Finding buying points based on a combo of 2 criteria

1/ When the market shows signs of fear + stop loss

2/ When the coin has entered the support zone