The crypto market fear and greed index has moved into the territory of increasing greed, indicating that investors are showing a strong appetite for risk. This scenario is usually accompanied by increases in volume and rapid price rises, but also by higher volatility.
Historically, these phases have been good for those trading short-term, taking advantage of explosive movements. However, these are also times when it is important to apply risk management, as corrections can come without warning. Personally, I will keep an eye on BTC, ETH, and some high-cap altcoins for scalping.