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Sentiment flipped before price did.
Bitcoin's 30-day Fear & Greed index just crossed above its 90-day average. This kind of move doesn't happen when everyone's drunk on euphoria. It happens when doubt still lingers, when people are skeptical, when the market's holding its breath.
Current Fear & Greed reading sits around 30. That's barely off the floor. The numbers tell a story the headlines haven't caught up to yet—plenty of uncertainty still baked into every position.