Crypto Fear and Greed Index Shifts From Extreme Greed to Greed

The Crypto Fear and Greed Index, a barometer for market sentiment, has recently experienced a significant shift. The index, which ranges from 0 (Extreme Fear) to 100 (Extreme Greed), dropped from the ‘Extreme Greed’ zone (typically above 75) to the ‘Greed’ zone (55-75). This move signifies a moderation in sentiment after an extended period of exuberance. While this decrease might be seen as a pause in bullish momentum, it doesn’t necessarily signal a bearish trend.