👻 Fear and Greed Index at 94!

📊 The cryptocurrency market is once again dominated by extreme greed — the current indicator has reached its highest since February 2021. Remember, the Fear & Greed Index is based on a number of factors, including volatility, trading volumes, search trends, and social sentiment.

🔥 What does this mean?

An index above 90 usually signals excessive confidence among market participants and possible overvaluation of assets. Historically, such levels have often led to sharp corrections.

Why is this important now?

- Bitcoin price has reached historical highs.

- Record trading volumes in futures and spot markets.

- Increased interest from institutional investors (Bitcoin ETF, investments from Charles Schwab and Allianz).

⚠️ What to pay attention to:

1. Don't give in to euphoria. Assess your investments and risks.

2. Diversify your portfolio. Don't bet only on one asset.

3. Keep an eye on the news. It's important to stay informed about key events that may affect the market.

💬 What do you think? Is this the beginning of a new "bull" cycle or a reason for caution?