Matrixport released today's chart saying, "The current Greed and Fear Index is close to a high, and the slow moving average is beginning to show a top signal. Looking back at history, whenever this indicator is in the upward phase, the bitcoin price usually performs strongly; and once it starts to fall back, it often means that the market sentiment starts to cool down, and investors need to be more cautious.
We made a bullish judgment at the beginning of July that differed from the mainstream view, and as the market has evolved, we have also shifted to a more cautious stance, expecting Bitcoin to enter a consolidation phase in August. The latest movement of the Greed and Fear Index also confirms this judgment: despite the positive news, the market momentum has weakened.
The current sentiment deviates from the fundamentals, which may indicate that the market may enter a cooling stage in the short term. Investors are advised to pay close attention to the rhythm of the market and do a good job in risk management in a timely manner. "
Matrixport: Current sentiment diverges from fundamentals, indicating that the market may enter a cooling phase in the short term
2025-07-30 07:01:40
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