🚨 The greed index has fallen from 63 to 61— the market is still greedy, but sentiment has started to “hit the brakes”
Latest data shows that today’s crypto market Fear & Greed Index fell to 61, down from 63 yesterday. Although the overall market is still in the “greed” range, sentiment is clearly not as exuberant as it was in the past few days.
This indicator isn’t only about whether BTC is up or down. It combines multiple data points, including volatility, market trading volume, social media buzz, market surveys, BTC market share, and Google search interest. In simple terms, it’s a score of the market’s overall “emotional temperature.”
What does 61 mean now? Capital is still willing to take risk, and the market hasn’t slipped into panic— but the momentum chasing higher prices is gradually cooling off.
For traders, this phase is actually worth watching closely. A drop from extreme greed isn’t necessarily bad; cooling off appropriately helps absorb short-term profit-taking. What really needs attention is the index continuing to fall rapidly, while price and trading volume weaken at the same time.
The market isn’t afraid—it’s just not as impulsive anymore.
Latest data shows that today’s crypto market Fear & Greed Index fell to 61, down from 63 yesterday. Although the overall market is still in the “greed” range, sentiment is clearly not as exuberant as it was in the past few days.
This indicator isn’t only about whether BTC is up or down. It combines multiple data points, including volatility, market trading volume, social media buzz, market surveys, BTC market share, and Google search interest. In simple terms, it’s a score of the market’s overall “emotional temperature.”
What does 61 mean now? Capital is still willing to take risk, and the market hasn’t slipped into panic— but the momentum chasing higher prices is gradually cooling off.
For traders, this phase is actually worth watching closely. A drop from extreme greed isn’t necessarily bad; cooling off appropriately helps absorb short-term profit-taking. What really needs attention is the index continuing to fall rapidly, while price and trading volume weaken at the same time.
The market isn’t afraid—it’s just not as impulsive anymore.
