Video lesson · SignalsCrypto Fear and Greed Index explained: how to read it
Crypto fear and greed index — market mood as one number from 0 to 100. The lesson takes 2:16; its full text is below the video.
Narrated in Russian. English subtitles are on by default.
Fear & Greed Index in short
What does Fear & Greed Index show?
The pane shows the Liqwall Fear & Greed Index: one number from 0 to 100 for the chart coin, for BTC, ETH, SOL or for the whole market. The lower the number, the more fear there is in the market; the higher, the more greed. The scale has five zones: extreme fear, fear, neutral, greed and extreme greed. The value is updated every 15 minutes.
How to read Fear & Greed Index?
- The number at the right edge of the pane and the word next to it are the current value of the index and its zone.
- The line in the red and orange zones means the market is fearful; in the green zones it is greedy; the yellow middle is a calm state.
- The colour of the line matches the zone the index was in on that candle.
- Watch both the number and the path: an index that moves from fear to greed over several days tells of a change of mood.
- On the daily chart the value of a candle is the index at its close.
How to use Fear & Greed Index?
- Use it as a backdrop: what mood the market is in at the moment you make a decision.
- Compare a coin with the market: put two indexes on the chart, its own and "Whole market", and see whether the coin is more fearful than the rest.
- Extreme values describe the state of the market and do not tell where the price goes next: after them the market went both up and down.
- An alert on the value of the index will tell you when the mood moves into another zone.
What do you often see on Fear & Greed Index?
- Extreme fear shows up near bottoms noticeably more often than usual.
- Greed does not mark tops.
- After extreme readings there is no edge in the next price move: the index describes a state, not direction.
- Extreme fear can last for weeks while price keeps falling.
Where can I find Fear & Greed Index?
In the Liqwall terminal: the Indicators button, the Signals section, Fear & Greed Index. The “Open in the terminal” button on this page opens the chart with it already added.
Lesson text
0:00What Fear & Greed Index is
Is the market scared or greedy? Liqwall's Fear and Greed Index answers with a single number from 0 to 100.
0:07How to add Fear & Greed Index to the chart
Press the Indicators button, open the Liqwall list and type Fear & Greed in the search. The index line appears in a separate panel under the chart.
0:16How to read Fear & Greed Index
It updates every 15 minutes. Lower means more fear, higher means more greed. The panel has 5 zones: extreme fear, fear, neutral, greed and extreme greed. The line's color matches the zone's color on that candle. At the right edge — the current value and the zone's name. On the daily chart a candle's value is the index at its close.
0:42Fear & Greed Index settings
In the Index setting choose whose index to watch: the chart's coin, the whole market, bitcoin, ether or Solana. Put your own and the overall index side by side. You immediately see whether the coin is more afraid than the market. And follow the course of the line. An index that moves from fear to greed over several days shows a change of mood.
1:04An example on a real chart
An example. Bitcoin. September. At the start of the month the index stays in greed, around 60.
On September 15 it drops to 43, into the fear zone. The lowest value of the month. On the same day bitcoin makes a low — 74,900. Then fear quickly turned into greed.
On September 18 the index is already 69, the price 80,800, and on the 21st bitcoin reached 87,400. A similar picture was in October. On the 14th the index is in fear again. 44.
On the 15th the price touches 79,700 and the same day closes near 82,000.
1:52What to pair Fear & Greed Index with
Keep Market Mood next to it. There you see what the mood is made of: flow, funding, open interest. And Smart Money Zones will show whether the crowd's fear coincided with a money accumulation zone.
2:05The takeaway
Extreme fear can last for weeks, so watch it together with data about money. The index shows what the market feels.
Add the indicator to the chart and look at it on your own coin.Free account — no card needed.