With BTC’s recent brief break below the $60,000 mark, market sentiment took a 180-degree turn overnight, from $75 of greed a week ago to $30 of fear.
JinseFinanceOver the past six years from 2018 to 2024, cryptocurrency market sentiment has been fearful 54.7% of the time, greedy 32.0% of the time, and neutral the remaining 13.3% of the time .
JinseFinanceThe Crypto Fear and Greed Index has dropped to "neutral" levels (52 out of 100), a notable shift from the recent "extreme greed" score, just days after the historic approval of spot Bitcoin ETFs in the United States. Despite the approval, Bitcoin's price fluctuations and increased searches for explanations indicate lingering uncertainty in the cryptocurrency market.
EdmundJinseFinanceThe Fear and Greed Index moving averages are close to generating a bullish EMO cross signal.
BeincryptoLogan Paul's defunct NFT game CryptoZoo is under fresh scrutiny following a three-part series by investigative YouTuber CoffeeZilla.
BeincryptoOn-chain indicators focusing on Bitcoin's fair valuation and long-term holders' sentiment also raise its prospects of bottoming out.
CointelegraphBTC has a deja vu with market sentiment as the situation is similar to the weeks after the COVID-19 crash in March 2020.
CointelegraphDeja vu for BTC versus market sentiment, as conditions mimic the weeks after the March 2020 COVID-19 crash.
Cointelegraph
Bitcoinist