Crypto market sentiment hits ‘greed’ levels: Is another October-style crash coming?

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The Crypto Fear & Greed Index has crossed above the 70 threshold, signaling greed sentiment, while the weekly RSI displays an extremely overbought condition. The total crypto market cap rose by over 22% in one week, creating a risk of profit-taking. Spot Bitcoin ETF inflows reached over $1 billion last week, yet this remains significantly lower than the $3 billion seen during October’s rally. U.S. investor demand, as measured by the Bitcoin Coinbase Premium Index, has not participated at the same level as previous buying waves, suggesting potential for further upside.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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