Market psychology and technical RSI signals for 20 leading cryptocurrencies
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🧠 Fear and Greed Index:
• Current value: 63 — Greed
• Yesterday: 61
• A week ago: 52
• A month ago: 70
📈 Growing greed indicates a positive market sentiment, but also signals potential overbought conditions on the horizon.
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💰 Market metrics:
• Total capitalization: $3.44 trillion (+0.62%)
• Trading volume: $62.4 billion (–29.4%) 📉
• #BTC Dominance: 60.82% (–0.20%)
📉 Decrease in trading volume against the backdrop of rising capitalization and greed indicates cautious growth, but without strong volume support.
📌 General conclusions:
✅ Positive signals:
• The rise in the greed index (63) indicates high market confidence.
• More than half of the coins are in the neutral RSI zone, indicating potential for further growth without clear overheating.
• Cryptocurrencies like #BCH, #SHIB, #TON, and #LTC show strong growth both in RSI and price.
⚠️ Warnings:
• Strong decline in trading volume (–29.4%) — a sign of weakened buying activity.
• Many coins (#SOL, #AVAX, #DOT) are already losing momentum, which may indicate an upcoming correction.
📉 Summary:
The market remains in a state of greed, but against the backdrop of declining volumes and moderately neutral RSI, most assets are moving without clear overheating. A consolidation phase may be forming before the next impulse.
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🔮 Recommendations:
• 🛑 Do not rush into purchases in the high-risk greed phase.
• 📊 Monitor volumes and RSI — especially for coins that have gone above 50+ (e.g., #BCH, #SHIB).
• ⚖️ Apply a partial profit-taking strategy.
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