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🟢 Fear and Greed Index — 74 (Greed)
• 📈 The growth of greed continues:
o Yesterday: 71
o A week ago: 72
o A month ago: 56
• 💬 Crowd psychology: the market is filled with optimism. This is usually a precursor to a possible correction.
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💸 Fundamental market data (over the last 24 hours):
• 🔻 Market capitalization: $3.58 trillion (–0.50%) — slight profit taking
• 🔺 Volume: $67.2 billion (+15.1%) — influx of liquidity, trading is active
• 🔻 Dominance #BTC: 59.70% (–0.75%) — altcoins are starting to attract capital
⚠️ Overbought coins according to RSI (24h):
• #ETH🔥🔥🔥🔥🔥🔥 — 70.89 ❗
• #BNB — 62.51
• #TRX — 60.75
• #BTC☀️ — 60.91
These assets are at risk for short-term profit taking. Suitable for finding shorting points, especially if RSI on smaller time frames starts to decline.
📌 Conclusions and recommendations:
✅ Current sentiment: the market is at a peak of greed, volumes have increased — a major player exit is possible.
📉 Some top assets are overbought according to RSI across all time frames.
🎯 Best entry zones — in altcoins with balanced RSI: #DOGE , #SOL , #ADA
⚠️ Don't forget: high greed → potential correction! A suitable time for trend trading with profit taking.
