I asked POE AI to aggregate the VIX, DXY, SPX, NDQ, BTC, Crypto Total Market Cap, USOIL, JNK, and US10Y. It aggregated them on a normalised scale and created a composite index to show overall market direction indicator. POE then plotted the aggregate on a chart: a value above 0.5 suggests bullish sentiment. Below 0.5 could indicate bearish sentiment. I did the...
The Put Call Ratio is dropping fast suggesting that investors have a bullish sentiment in the market. Gold is shooting up suggesting that some investors are seeking a flight to safety. This points to a mixed sentiment in the market. Trade safely.
$CKB has a strong Alt Gearing score. A score higher than 1 means that the coin has strength relative to $BTC. A score of 1 means that the coin tracks the price of $BTC. A score lower than 1 means that the coin is weak relative to $BTC. Alt Gearing helps identify strong coins. DYOR.
$CKB has a score of 2.88 as of September 3, 2024, 08:08 UTC-4 :-)
