Fear Is Fading: Crypto Sentiment Quietly Improves
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A widely followed crypto sentiment gauge has climbed out of “extreme fear,” signaling a subtle shift in market psychology even as prices remain subdued. The Crypto Fear & Greed Index rose to a score of 29 on Friday, its highest reading in more than three weeks, while Bitcoin continues to trade below the $90,000 level.
Although the market is still firmly in “fear” territory, the move higher matters. Extended periods of pessimism have historically preceded rebounds, and many traders view improving sentiment during price consolidation as a constructive sign rather than a warning.
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markets love climbing the wall of worry