The Fear & Greed Index is approaching the Extreme Fear zone, mirroring the sentiment of September 2024. This indicator is a valuable tool for tracking retail emotions on higher timeframes. Notice how $BTC has historically topped out during periods of Extreme Greed (March 2024 and December 2024) and presented the best buying opportunities in times of Fear.
Right now, the index sits at 26 (Fear), a level that has previously aligned with accumulation phases before market recoveries. If history repeats, we could be nearing a potential rebound. Are we at the start of a new uptrend?
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