Crypto fear and greed index: Key levels to watch amid bullish market bets

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Crypto fear and greed index turned to 'extreme greed' with retail making a big comeback. Is BTC near a local or cycle top?

has fluctuated around $90K for a while, but the market interest has remained elevated, hitting an ‘extreme greed’ status per the Crypto Fear and Greed Index .Per historical trends, an FGI above 80 coincided with BTC’s local and cycle tops. In early 2024, BTC hit a local top above $73K when an ‘extreme greed’ status was hit.

Will the trend repeat and trigger a price pullback? Extreme bullish sentiment in the options market disagreed with such a scenario, at least until BTC hit +$100K.According to the latest data insights from Deribit, large players’ positioning remained bullish as they dumped $75K and $85K puts and increased $95K-$110K calls .

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 22. in İD

Indonesia Berita Terbaru, Indonesia Berita utama