Bitcoin Sentiment Sparks CZ Comment: Sell Greed,

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Bitcoin Sentiment Sparks CZ Comment: Sell Greed, | Crypto News


Binance founder Changpeng Zhao’s blunt reminder about shopping for low and promoting high landed at a tense time for crypto merchants. His line — “Sell when there is maximum greed, and buy when there is maximum fear” — was posted as markets confirmed recent indicators of pressure and debate over whether or not now is a shopping for second or another stall.

CZ’s Message Meets Extreme Fear

According to the Crypto Fear & Greed Index, sentiment just lately climbed to 20, shifting out of “Extreme Fear” after a streak of low readings. The index had hit a yearly low of 10 on Nov. 22 and the market had spent eighteen days caught in excessive worry.

Analysts called that stretch unusually deep. Matthew Hyland described it as the “most extreme fear level” of the cycle, and other merchants argued that calling it excessive was being beneficiant.

Bitcoin Holds But Mood Is Fragile

Based on reviews, Bitcoin was trading at $91,780, a far cry from the all-time high of $126,000 reached in October. Prices stay up from 2024 lows of just over $40,000, yet confidence is skinny.

Santiment tracked online chatter and discovered talks targeted more on volatility and institutional strikes than on pleasure. The Altcoin Season Index sat at 22/100, a clear signal that merchants are favoring security.

Market Psychology Overrules Charts

Traders reacted fast to CZ’s post. One person said emotion often beats logic in real trading. Another famous that markets have a tendency to transfer on psychology nicely before technical alerts line up. That hole between what merchants know and what they do was on full show: many agree with the rule, and few truly comply with it when costs slip.

History Offers A Hint, Not A Guarantee

Reports have disclosed that some analysts see a sample. Nicola Duke identified that in the last 5 years, every time the market reached excessive worry, Bitcoin discovered a local backside within weeks.

While past stretches can offer context, they don’t promise the same end result now. Bitwise researcher André Dragosch warned that current pricing displays a recession-level global growth outlook — the most bearish setting since 2020 and 2022 — which raises real risk for patrons.

Bitcoin Coinbase Premium Turns Positive After 29 Days

Meanwhile, the Bitcoin (BTC) Coinbase premium finally flipped back into optimistic after practically a month of staying in the purple.

Data from Coinglass on the thirtieth confirmed the premium at 0.0255%, marking the first optimistic studying in 29 days. For nearly a month, the unfavorable premium had instructed that promoting stress dominated the US market, with merchants and buyers leaning toward warning.

The Coinbase premium tracks how Bitcoin’s price on Coinbase, a major US exchange, compares to the global average. When it’s optimistic, it means the US price is above the worldwide average.

This is often seen as a signal that shopping for is selecting up in the US, more establishments are getting concerned, greenback liquidity is recovering, and total investor confidence is bettering.

Featured image from Gemini, chart from TradingView



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