Could you please explain what 23rd April analysis got to do here?
Crypto Journey1
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🟡 Fear & Greed Index Hits 72 — Market Turns Greedy as BTC Tops $94K $BTC $ETH $BNB The crypto market is officially in “Greed” territory — the Fear & Greed Index surged to 72 on April 23rd, marking a sharp emotional shift from Neutral (47) just a day earlier. This spike coincides with Bitcoin crossing $94,000, driven by strong ETF inflows and rising retail interest. 🔹 What’s Fueling the Sentiment Shift? Bitcoin spot ETFs saw $936M in net inflows on April 22 alone Ethereum ETFs also posted gains — no net outflows across nine funds Google Trends show rising search volume for BTC and ETH — retail FOMO building 🔹 How the Index Works Score ranges from 0 (Extreme Fear) to 100 (Extreme Greed) Calculated using volatility, volume, social media sentiment, dominance, and Google Trends2 A score above 70 often signals overbought conditions and potential for short-term corrections 🔹 What Traders Are Watching BTC rally fueled by declining exchange reserves and inflation hedging narratives Sentiment spikes like this have historically preceded volatility surges Smart traders now tightening stop-losses and watching for reversal signals 📊 Sentiment: Greedy, with caution 📈 Index Level: 72 📉 Risk Outlook: Elevated — emotional trading zone Are we entering a euphoric phase — or is this just a healthy rally backed by fundamentals? How do you trade when the market turns greedy? Let’s hear your strategy 👇
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