The Fear and Greed Index today has surged back to a level of 90, maintaining its classification as “Extreme Greed.” This is a significant increase compared to yesterday’s reading of 83, further highlighting an intensifying optimistic sentiment among market participants. Over the past week, the index has steadily climbed from 80, while last month it was still at 73, categorized as “Greed.”
This persistent rise underscores the growing bullish enthusiasm, though such elevated levels often warrant caution as they historically correlate with overbought conditions or market euphoria.