Panic? Not at all! The Crypto Greed Index has soared to 63, and the market is as restless as a runaway bull!
On June 14, Alternative data shows that the Crypto Fear and Greed Index has risen to 63, continuing to climb (yesterday it was 61), officially standing firm in the "Greed Zone"!
What is the Fear and Greed Index?
Don’t be fooled by its small value out of 100; it is essentially a magnifying glass for human nature in the crypto world:
0-24: Extreme Fear
25-49: Cautious Observation
50-74: Greed Spreading
75-100: Extreme Greed
Now at 63