Warren Buffett once said “Be fearful when others are greedy, and greedy when others are fearful.”

But how do you identify the best opportunities to buy and sell?

Here is a list of basic but useful indicators to help plan out your entry and exit strategies.

Key indicators highlighted include funding rates in derivative markets, which balance long and short positions and can signal potential market reversals.

Open interest data can also provide insight into market sentiment by revealing the total size of unsettled trades.

Tools like Coinglass and GMX's stats page are recommended for tracking these and other key data points.

Fibonacci retracements are also useful for identifying potential investment entry and exit points.

These indicators should be part of a broader strategy, however, as they can enhance market understanding and help plan trades.