#MarketGreedRising

The crypto market is once again showing extreme greed, particularly on Binance, where traders are piling into high-risk assets with reckless optimism. The **Crypto Fear & Greed Index** has surged into "Extreme Greed" territory, signaling potential overheating. On Binance, this frenzy is evident in skyrocketing **altcoin volumes**, overleveraged futures positions, and meme coins pumping with little fundamental backing.

One major red flag is **Binance’s funding rates** turning highly positive, meaning traders are paying hefty fees to maintain long positions—a classic sign of euphoria. Additionally, open interest in BTC and ETH perpetual contracts has spiked, increasing the risk of a **liquidation cascade** if the market reverses. Social media hype, especially around low-cap coins, further fuels irrational FOMO.

Historically, extreme greed precedes sharp corrections. The 2021 bull run saw similar patterns before Bitcoin crashed from $69K. If greed continues unchecked, Binance traders could face a violent pullback.