Within two weeks, the market jumped from “fear” to “greed”—and the speed itself is a warning. What ordinary holders should look at now isn’t how much prices have risen, but whether sentiment has become overheated. According to CoinDesk, the Fear & Greed Index has climbed to 74, up from 27 just two weeks ago—approaching the high levels before the October 19 $19B liquidation last year. History never repeats itself exactly, but a rapid shift from extreme panic to extreme greed often means chase-money is flowing in, and whether support is solid needs to be put in question. Next, watch whether the price can still push higher with increasing volume as sentiment heats up; if there is a volume–price divergence, that’s a signal to reduce exposure. Has someone near you started to FOMO?
Source: www.coindesk.com
Source: www.coindesk.com