If you are still buying every green candle just because the market feels unstoppable, stop now. Most retail traders keep blowing up their accounts because they enter heavy at the exact moment sentiment peaks, mistaking late-stage hype for early momentum.
The Crypto Fear and Greed Index just tapped 69, putting the market firmly in Greed territory. The bulls will argue this shows genuine momentum returning to $BTC, signaling strength across the broader market and clearing the path for fresh liquidity to push $ETH toward previous highs.
However, historically, reading 69 is rarely an ideal entry point for spot positions. Greed levels like this usually precede sharp leverage flushes, meaning anyone chasing $SOL or other major altcoins right now is likely serving as exit liquidity for smart money taking profits.
Are you taking some risk off the table here, or do you believe this run has plenty of room left?
#CryptoTrading #Bitcoin #MarketSentiment
The Crypto Fear and Greed Index just tapped 69, putting the market firmly in Greed territory. The bulls will argue this shows genuine momentum returning to $BTC, signaling strength across the broader market and clearing the path for fresh liquidity to push $ETH toward previous highs.
However, historically, reading 69 is rarely an ideal entry point for spot positions. Greed levels like this usually precede sharp leverage flushes, meaning anyone chasing $SOL or other major altcoins right now is likely serving as exit liquidity for smart money taking profits.
Are you taking some risk off the table here, or do you believe this run has plenty of room left?
#CryptoTrading #Bitcoin #MarketSentiment
