
Jakarta, Pintu News ā CoinMarketCapās (CMC) crypto Fear and Greed Index shows a reading of 59 or in the Neutral zone. This figure indicates that the market is currently neither in a state of excessive euphoria(greed) nor extremefear (fear), but rather in a relatively balanced consolidation phase.

Although the trend is in the neutral zone, the index has continued to rise slowly from last month (50) to the present (59), reflecting increased investor optimism in recent weeks.
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These extreme fluctuations indicate high volatility in the past year, in line with the price movements of Bitcoin and other major altcoins.

The chart shows that the movement of the Fear and Greed Index has a strong correlation with the price of Bitcoin:
Currently, Bitcoin is seen in a consolidation phase, while the index is in a mid-range, signaling investors are still waiting for the next big catalyst before taking more aggressive positions.
The Neutral Zone as it is now is often considered the ācalm before the stormā period. This could be the moment:
Referring to historical data, a move from the neutral zone to Greed or Fear can trigger significant volatility, making monitoring this index a useful sentiment indicator.
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This content aims to enrich readersā information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an assetās past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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