This is the Fear and Greed Index Chart

[aquafinewater]

No dout in this fear and greed index chart mostly depend on market and when chart touching to Greednes always a big dump happen so better is take enter when other people fear about market so we make a good benefit

[tvplus006]

...But this is good buying area!! I repeat

Usually, a trader uses several indicators to make a decision about opening or closing a position, so the data of the Fear and Greed Index Chart alone is not enough. But nevertheless, this indicator almost never fails. And if we see that the indicator is at the minimum values, then we need to prepare for the opening of a position.

[Mpamaegbu]

But this is good buying area!

Those buying and selling zones have only been rejected twice from the graph you put out there. They may not necessarily be strong zones and could be broken when hit a third time. I'm of the opinion that Bitcoin will dip further as we head into 2022. It has had a great run for almost a year now and it's about time for the real bear to come upon us. This correction is what will expectedly set the alts season rolling. If anyone wants to buy or sell, I will advise that they let price bounce off those zones a third time to confirm its strength.