Bitcoin market sentiment currently appears neutral to cautiously bullish, according to various indicators. The Crypto Fear and Greed Index hovers around "Neutral" (52-55), suggesting a balanced emotional state among investors, neither extreme fear nor greed.
While Bitcoin has recovered from recent dips and is holding around the $104,000-$105,000 range, some technical indicators show mixed signals. There's a cautious rebound, but declining volume suggests the move isn't fully supported by strong buying interest. ETF flows remain a key sentiment driver, and while some are positive, others have seen outflows. The overall outlook suggests continued focus on BTC, but with potential for volatility driven by macro factors and ETF movements.
