🔥 Fear & Greed Index Snapshot
Alternative.me shows the Crypto Fear & Greed Index at 79 (Extreme Greed) today—up from 71 yesterday and 67 last week, signaling a frothy market environment .
Binance Square indicates a broader index at 67 (Greed), with yesterday at 58—confirming a strong bullish bias but slightly less overheated than the Alternative.me gauge .
CoinCodex aligns with extreme greed, rating it 79/100, reinforcing the consensus of a momentum-driven market .
---
📈 Short Analysis
Bitcoin and the crypto market are exhibiting strong bullish momentum, with Extreme Greed readings suggesting widespread FOMO (Fear of Missing Out). BTC is trading around $117,755, near recent all-time highs, but the elevated sentiment indicates a potential for a pullback or consolidation soon.
For traders: This is a prime time to tighten stop-losses and consider taking partial profits—riding the trend while managing risk.
For investors: Stick to strategy—dollar-cost average and avoid chasing tops.
---
*Not financial advice. This snapshot is for informational purposes only.*
