What are "Market Breadth Indicators"?

Market Breadth Indicators are important tools for analyzing the state of the market that show how many stocks or cryptocurrencies are moving in a certain direction. These indicators help assess the overall strength of a trend, regardless of whether the market is rising or falling. If the majority of assets are rising, it indicates a strong bullish trend, and if they are falling, a bearish one. Indicators like the breadth index or the number of new highs and lows allow traders and investors to better forecast the market's direction, making more informed trading decisions.