💥Over the past few days, Bitcoin has shown signs of wanting to correct but consistently rebounds above $95,000 whenever it dips below $94,000. This pattern suggests that many investors missed the earlier rally and are now rushing to buy the dip at any sign of weakness. This behavior is a stark contrast to BTC’s previous consolidation phase between $80,000 and $85,000, where market interest was minimal. Most people only believe in the trend once it's visible, while only a few anticipate and act early. The Fear and Greed Index supports this sentiment, rising from a neutral 54 yesterday to a greedy 60 today. Additionally, data from Coinglass shows Bitcoin futures open interest at 669,900 BTC (around $63.7 billion), nearing the previous peak. With such elevated positioning, a breakout to new highs appears increasingly likely if momentum continues.

#BitcoinAnalysis #CryptoSentiment #BTCFutures #FearAndGreedIndex