The greed index has hit the 74 threshold, and when I look at the Long ratios of $BTC and $ETH , I feel a bit uneasy. Over 72% of accounts are holding Long ETH, and funding has started turning bright green.
When the crowd gets overly excited, that’s usually when the sharks go hunting. With this momentum, even a small pullback is enough to trigger a Long squeeze that sweeps away those with high leverage.
I’m choosing to go against the grain—standing aside and observing for now. Everyone, keep an eye on the 80k level. If it breaks through that zone, it’s likely to free-fall. Too greedy, too deep.
When the crowd gets overly excited, that’s usually when the sharks go hunting. With this momentum, even a small pullback is enough to trigger a Long squeeze that sweeps away those with high leverage.
I’m choosing to go against the grain—standing aside and observing for now. Everyone, keep an eye on the 80k level. If it breaks through that zone, it’s likely to free-fall. Too greedy, too deep.
