FOMC meeting's on the horizon, and traders are already betting on that 25 basis point cut. The crypto market? It's waking up.
Bitcoin's climbing back—sitting at $92,678 right now. That's a solid 2.8% jump, inching closer to reclaiming the $95K mark. Ethereum's even hotter, surging 6.8% to hit $3,325. Almost touched $3,400 earlier.
But here's the twist: Fear Greed Index dropped to 26. Pure fear territory. Total market cap pushed to $3.35 trillion though. And liquidations? A brutal $416 million wiped out.
Price pumps while sentiment stays icy. Classic crypto paradox.
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GweiWatcher
· 12-12 00:35
Fear Index 26, still bottom fishing? You really have guts.
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LiquidityWizard
· 12-11 01:37
Fear Index at 26, still dare to rise like this? A bit strange.
Are we confident ETH can break 3400? It feels just one step away.
416 million in liquidations... someone is going to be wiped out again, the old routine.
The expectation of rate cuts is really fueling the rally, but this sentiment is so cold it’s a bit eerie.
Wait, the price is rising but the sentiment is still so low? Is this the calm before the storm?
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SilentAlpha
· 12-10 12:56
Prices are rising happily, but people's hearts are still cold. Is this wave a genuine awakening or just a faint dizziness before the scythe?
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ForkItAllDay
· 12-10 12:55
Is the panic index at 26 still bottom-fishing? I don't have the courage for that.
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FreeMinter
· 12-10 12:48
Fear Index 26, this is abnormal... The price is rising so fiercely, yet people are still afraid of what?
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MidnightGenesis
· 12-10 12:36
On-chain data shows that this rebound is somewhat weak. With the Fear Index at 26, no one dares to buy in. $416M worth of liquidations hit the market, yet the market still managed to rally, indicating that something is behind the scenes... It's worth noting that this combination of low sentiment and high prices before the FOMC is usually a trap. I am monitoring large transfers, and interestingly, institutional wallets only showed activity last night.
FOMC meeting's on the horizon, and traders are already betting on that 25 basis point cut. The crypto market? It's waking up.
Bitcoin's climbing back—sitting at $92,678 right now. That's a solid 2.8% jump, inching closer to reclaiming the $95K mark. Ethereum's even hotter, surging 6.8% to hit $3,325. Almost touched $3,400 earlier.
But here's the twist: Fear Greed Index dropped to 26. Pure fear territory. Total market cap pushed to $3.35 trillion though. And liquidations? A brutal $416 million wiped out.
Price pumps while sentiment stays icy. Classic crypto paradox.