⚠️Have investors become greedy again? The CNN Fear and Greed Index hit 61.6 points, or the so-called greed territory, the highest since November 2024. This comes after the index fell to 4 points, the lowest since the 2022 bear market low. Time to be careful with US stocks? https://t.co/RqAq1ft4bu
🔍 INSIGHT: CryptoQuant's Growth Rate Indicator signals a bull market! 🐂 https://t.co/QdqD4ImUxO
Stock Market has now spent 5 consecutive days in Greed, the longest stretch of time since November/December: https://t.co/IvOmVWPRVE
The Fear & Greed Index, a measure of market sentiment, has shifted into 'Greed' territory after several months of predominantly 'Fear' readings. The index reached 61.6 points, marking its highest level since November 2024. This change reflects growing investor optimism in both the cryptocurrency and stock markets. The stock market has experienced five consecutive days in the 'Greed' zone, the longest such streak since late 2024, indicating sustained bullish sentiment. Additionally, CryptoQuant's Growth Rate Indicator has signaled a potential bull market in cryptocurrencies. Despite these positive signals, some analysts advise caution given the rapid shift in sentiment following a previous low of 4 points during the 2022 bear market.