💥Crypto investor sentiment has shifted to “greed” for the first time since October, showing a sharp turnaround after a major market shakeout. The Crypto Fear & Greed Index, which measures trader mood, rose to 61 on Thursday, up from 48 the previous day. This follows weeks of “fear” and “extreme fear”, which started after roughly $19 billion was liquidated from crypto markets on October 11, hitting altcoins hard and pushing traders into a risk-off stance
💥In the weeks after the October crash, the index often dipped into low double digits, reflecting caution among traders. The recent improvement in sentiment comes alongside a Bitcoin rally, which has risen from around $89,800 to a two-month high of $97,704 over the past week. This recovery has helped stabilize confidence across the broader crypto market
💥Experts note that fear and greed readings provide context, not direct signals. Extreme fear often aligns with market bottoms, while prolonged high greed can appear near market tops. At 61, the current reading suggests growing risk appetite but not excessive exuberance
💥Overall, the shift highlights how quickly trader mood can change as Bitcoin recovers, while the market watches whether recent gains can hold
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