Crypto Fear & Greed Index reads Extreme Greed (79)—a red flag that euphoria may be peaking . In such an overheated market, it’s prime territory for shorting BTC. When unchecked optimism drives prices up, corrections often snap back. Consider opening a short position near resistance levels (~$118k–$120k), where profit-taking and liquidations pressure gains. Tight stops are crucial—this is greed territory, not playgrounds. Track momentum, watch Bitcoin’s dominance for signs of alt-coin rotation, and hedge carefully. In summary: greedy markets call for caution—and ideally—short setups. Stay sharp, avoid FOMO, and trade the reversion.
