[The greed index of 71 hides something more terrifying than extreme fear]

Do you watch the Fear & Greed Index? It’s 71 now—Greed.

Now here’s the question—if the market is really that greedy, why is the trading volume so low?

This isn’t me talking nonsense. Look at the data: BTC is at $ 83753, down only 0.8% in the past 24 hours, and up 3.3% over the last 7 days. On the surface, it looks steady—almost like a little bull run. But what about volume? Nobody’s following.

The time I got liquidated back in 2017 was also exactly this kind of script. Everyone said, “It’s fine, just a normal correction,” and then… there was no “then.”

There’s a classic logic in the crypto space: the real top is when even the aunties at the market are talking about BTC; the real bottom is when even us old-season bag-holders don’t dare to speak up. And this 71 index is more like psychological comfort for the onlookers—“Look, it’s still in the greed zone, it’s not that scary.”

But I’ve seen too many times what happens after “It’s not that scary.”

The big players are quietly running—this isn’t just my guess; there are signs. I won’t name the specific signal. If I did, I’d just get blamed for trying to stir things up. You can look up the on-chain data yourselves—the changes in big-holder addresses. Judge for yourselves.

Now, to bottom-fish? My attitude is—my hands are itching, sure—but this time I really didn’t go in. Not because I’m bearish, but because I didn’t see any reason that would make me feel at ease. If volume doesn’t show up, then even if sentiment looks great, it’s still just empty.

What’s your mindset right now? In this wave, do you dare to jump in?