#MarketPullback

Market Sentiment

Fear & Greed Index: 66 (Greed)

This indicates a strong sentiment of greed in the market.

Implications: Increased volatility and possible market corrections.

Bitcoin is in a complex position:

Recently hit new highs.

Facing bearish technical indicators.

Market sentiment shows greed, implying that traders might be overly optimistic.

There is a risk of corrections.

Investors are advised to remain cautious and be prepared for short-term volatility.