Crypto Sentiment: Is Market at ‘Greed’ Point?

The Crypto Fear & Greed Index is signaling that the cryptocurrency market remains in a optimistic and bullish phase. As of May 3rd, it registered 65 – a slight dip from the previous day’s reading of 67, though still firmly within the ‘Greed’ territory. This index provides a snapshot of whether the overall market sentiment is leaning towards caution or extreme exuberance. What does this reading mean?