Sentiment just flipped.

But we’re not near a top.

🟢 Fear & Greed Index: 61 (Greed)
➡️ First time back in Greed since the October crash.

Context matters:

🔴 Last month: 11 (Extreme Fear)
🔴 Last week: 28 (Fear)
🟡 Yesterday: 48 (Neutral)

Sentiment recovered fast.

Now the important part 👇

Bull market peak indicators: 0/30 triggered

• Average progress: ~45%
• No retail euphoria
• No blow-off signals
• ETFs still supportive

Translation:

Greed ≠ top.
Euphoria ≠ here yet.

We’ve moved from panic → optimism,
not from mania → exit.

This is usually the phase where trends build, not where cycles end.

Stay sharp.
Don’t check out early.