š Fear & Greed Index Today: 67 ā Greed
Compared to yesterday (68) and last week (70), market sentiment has slightly cooled, indicating that buying enthusiasm is starting to ease after a strong rally.
š The recent surge from Neutral (43) last month to the current Greed zone aligns closely with Bitcoin's price recovery. However, the index is no longer rising as sharply as it did in early July, suggesting that investors are becoming more cautious as BTC approaches its upper range.
šÆ Conclusion: The market remains optimistic, but the upward momentum in sentiment is fading. This could signal a short-term pause or a wait-and-see approach. Investors should stay alert to avoid chasing the tail-end of a rally.
