As I look at the Stocktwits Sentiment Index for $SPY, I’m struck by the fascinating contrast between the price action and market sentiment over the past month. The $SPY price (in red) hit a new all-time high around July 25, climbing to around $637, which is exciting to see! However, the Sentiment Index (in white) peaking at its greediest level in over a month around the same time gives me pause. It feels like a potential warning sign—high greed often precedes a pullback. The recent dip in sentiment alongside a slight price drop by July 26 makes me wonder if the market might be gearing up for a correction. I’m intrigued by this dynamic and will be watching closely to see if the bullish momentum holds or if we’re in for a shift!$BTC #ETHCorporateReserves #BinanceHODLerTree #DELABSBinanceTGE #BNBATH #US-EUTradeAgreement $ETH $XRP
