🐸 Over the weekend, the market entered "extreme greed" territory, reaching its highest level in 8 months. The crypto hype is real, and buyers are ready to invest!

🐳 Bitcoin’s price surge is waking up dormant whales:

▪️One user moved 400 BTC ($36M) for the first time in 12 years. Back in 2012, these bitcoins were worth just $2,150.

▪️Another dormant wallet holding 246 BTC ($22.3M) also became active after 12 years of inactivity.
#greed #fearandgreedindex

Historically, prolonged periods in the "Extreme Greed" zone (75-100) have often preceded Bitcoin corrections. 🤔

In February 2021, the Fear and Greed Index hit a peak of 95, with Bitcoin rising to $64,000 by April, only to crash to $30,000 over the next three months.

#fearandgreedindex #bullrun2024📈📈