The Fear & Greed Index has hit 71, and the market is cheering—but over the past 24 hours, $139 million in positions were liquidated across the crypto market.
BTC is now hovering around $85,540. The Fear & Greed Index is at 71, firmly in “Greed” territory. The hotter sentiment gets, the more leverage piles up: $139 million in liquidations shows that plenty of people are chasing the rally with leverage.
My take: The Fear & Greed Index is a contrarian indicator; greed isn’t a signal to pile in. Historically, a reading of 71 often corresponds to a short-term sentiment peak. Two scenarios are possible from here—the rally could keep building, or a sharp drop could flush out leveraged positions. What really matters is the liquidation breakdown: if liquidations remain heavily concentrated in long positions, it suggests too many traders are chasing the rally and pullback risk is building.
One rule of thumb: don’t chase the rally with leverage when everyone’s greedy. Manage your position size so you’ll still have firepower when volatility hits. I’ll keep tracking sentiment data like this—follow me to stay in the loop.
$BTC
#比特币 #Fear & Greed Index
Data as of: 2026-10-07 03:00 UTC
Sources: BlockTempo; Alternative.me
For informational purposes only; not investment advice.
Would you add to or reduce your position when the Fear & Greed Index is above 70? Let’s discuss in the comments.
BTC is now hovering around $85,540. The Fear & Greed Index is at 71, firmly in “Greed” territory. The hotter sentiment gets, the more leverage piles up: $139 million in liquidations shows that plenty of people are chasing the rally with leverage.
My take: The Fear & Greed Index is a contrarian indicator; greed isn’t a signal to pile in. Historically, a reading of 71 often corresponds to a short-term sentiment peak. Two scenarios are possible from here—the rally could keep building, or a sharp drop could flush out leveraged positions. What really matters is the liquidation breakdown: if liquidations remain heavily concentrated in long positions, it suggests too many traders are chasing the rally and pullback risk is building.
One rule of thumb: don’t chase the rally with leverage when everyone’s greedy. Manage your position size so you’ll still have firepower when volatility hits. I’ll keep tracking sentiment data like this—follow me to stay in the loop.
$BTC
#比特币 #Fear & Greed Index
Data as of: 2026-10-07 03:00 UTC
Sources: BlockTempo; Alternative.me
For informational purposes only; not investment advice.
Would you add to or reduce your position when the Fear & Greed Index is above 70? Let’s discuss in the comments.
