A few days ago, the fear and greed index was at 27 (extreme fear), while now it has risen to 46, indicating that fear in the market is decreasing and investor confidence is being restored. Generally, when the index moves from fear to neutrality or greed, the chances of improvement (bullish trend) in the market increase.
If this trend continues and the index goes above 50, the market could rise further. However, other factors such as global financial conditions, news, and the activities of large investors can also influence the direction of the market.