Crypto Fear & Greed Index at 61, Greed Zone

A reading in the low 60s is a sentiment signal, not a market driver, and its value here is mainly as a contrast: it says positioning is optimistic but stops short of the euphoria that typically marks crowded, fragile conditions. The practical takeaway is that sentiment has room to run before it becomes a contrarian warning, which matters most for anyone tracking whether rallies are being met with complacency. Whether this reading drifts toward the extreme zone or mean-reverts is the open question.