🟢 Current Market Situation
The fear and greed index of the cryptocurrency market is 74 (Greed), indicating increased optimism among market participants. Compared to yesterday's value (71), there is an increase of 3 points. A week ago, the index was at 70 (Greed), and a month ago it was at 30 (Fear), which indicates a significant improvement in sentiment.
🌐 Capitalization and Volumes
The global cryptocurrency market capitalization has decreased over the past 24 hours due to a slight drop in prices of leading assets.
Despite the rise in the greed index, the market is showing some correction after a recent uptrend.📉 Main Observations
🌡 The greed index continues to rise despite the short-term price drop of major cryptocurrencies.
🔻 #Ethereum showed the most noticeable decline among the top 10 (-4.98%), likely due to profit-taking after recent growth.
🟢 The growth leader was #KLAY (+6.55%), which may indicate increased interest in the project against the market correction.
📉 Significant declines were shown by tokens #UNI (-8.04%), #RNDR (-7.56%), and #TKX (-7.52%), indicating possible profit-taking or negative news.
💡 Recommendations
📊 Despite the local correction, the positive market sentiment remains, so it is advisable to keep an eye on assets with high resilience, such as #Bitcoin and #Ethereum.
📈 Continued volatility is expected against the backdrop of rising greed index — investors should exercise caution and consider potential profit-taking.
💪 Local assets with good dynamics, such as #KLAY , may provide short-term earning opportunities, but risks remain high.
👉 Maintain diversification and manage risks to minimize potential losses amid volatility.
