Crypto Fear & Greed Index at 73, Market in Greed

A greed reading of this kind is less a signal about direction than about crowding: it tells you sentiment has already moved, not where it goes next. The practical relevance is for positioning — periods of elevated greed tend to compress the margin for error, since late entrants carry the weakest hands. Whether this reading holds or cools is the open question, and it is the shift in that number, rather than the level itself, that carries information.