📈 Cryptocurrency News$XRP $BTC $SOL : The Return of 'Greed' to the Market Amid Predictions of Bitcoin Reaching $125,000

In a notable development, the fear and greed index in the cryptocurrency market has returned to the 'greed' zone, recording a score of 62, reflecting a renewed wave of optimism among investors. This shift came after a period of volatility, as major currencies like Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) began to register modest gains that helped bolster overall stability.

Analysts indicate that Bitcoin is nearing a re-test of key resistance levels, amid increasing expectations of a potential breakout towards the $125,000 level, a target that many consider realistic if the current momentum continues.

On the technical side, on-chain data reveals a slowdown in profit-taking by short-term Bitcoin holders, reducing selling pressure and leaving the door open for upward movements.

Interestingly, this phase closely resembles what occurred before the last major price surge, when Bitcoin rose from $70,000 to $100,000 in late 2024 after a similar wave of volatility.

While some opposing economic winds persist, market experts believe that positive sentiment driven by confidence and the return of buyers may pave the way for a new upward wave that could change the market landscape in the coming weeks.