Fear & Greed Index hits 63, up from \u201cNeutral\u201d the day before.
\nProfit-taking among short-term BTC holders has eased.
\nAnalysts see potential for BTC breakout toward $125,000.<\/p>\n
Bitcoin regained ground above $114,000 on Thursday, marking a return in investor confidence after a volatile weekend triggered short-term jitters across the cryptocurrency market.<\/p>\n
As sentiment improved, the Crypto Fear & Greed Index<\/a> climbed to 63 \u2014 a level that signals \u201cGreed\u201d \u2014 suggesting traders anticipate further upside despite recent turbulence.<\/p>\n The bounce follows Bitcoin\u2019s decline to $112,000 over the weekend, down from its mid-July peak of $123,100.<\/p>\n However, the modest 1% rebound over the past 24 hours to $114,961 has shifted outlooks among both traders and analysts, who now see signs of short-term stability.<\/p>\n Source: CoinMarketCap<\/a><\/p>\n The wider digital asset market mirrored Bitcoin\u2019s move. Ether (ETH) gained<\/a> 2.52% in the past 24 hours to trade at $3,724, while XRP (XRP) rose<\/a> 1.87% to $2.99.<\/p>\n Solana (SOL) posted<\/a> the strongest performance among major altcoins, climbing 3.24% to $169.56.<\/p>\n The change in market direction coincided with a cooling off in profit-taking by short-term Bitcoin holders.<\/p>\n According to experts, this group\u2014defined as those holding for less than 155 days\u2014has significantly reduced its selling activity since earlier this week.<\/p>\n This reduction in sell pressure is seen as one reason behind Bitcoin\u2019s ability to reclaim price levels lost during the weekend drop.<\/p>\n Market watchers suggest that fewer short-term exits often signal a return to confidence, especially when prices are inching higher after a correction.<\/p>\n Crypto analysts have responded to the sentiment shift by highlighting a potential bullish breakout.<\/p>\n Several trading desks tracking Bitcoin\u2019s price action noted that the asset is once again testing a key resistance zone.<\/p>\n This pattern of consolidation near the upper range is often seen ahead of upward breakouts, particularly when supported by improving sentiment indicators like the Fear & Greed Index.<\/p>\n Historical price behaviour also shows that when Bitcoin holds above psychological levels such as $110,000 after a sharp dip, it tends to attract renewed buying interest from both retail and institutional participants, increasing the likelihood of a continuation in upward momentum over the short term.<\/p>\n The shift in sentiment, now back in the \u201cGreed\u201d zone, is closely watched as an early indicator of investor mood and market trajectory.<\/p>\n Thursday\u2019s reading of 63 represents a notable recovery from the previous day\u2019s \u201cNeutral\u201d rating, underlining how quickly outlooks can change in the crypto sector.<\/p>\n Bitcoin\u2019s gradual rebound and ETH and SOL\u2019s stronger rallies suggest that investors may see the latest uptick as the start of a broader recovery, rather than a brief relief rally.<\/p>\n Much will now depend on whether Bitcoin can break above its current resistance level and establish a new short-term trend.<\/p>\n The post Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Fear & Greed Index hits 63, up from \u201cNeutral\u201d the day before. Profit-taking among short-term BTC holders has eased. Analysts see potential for BTC breakout toward $125,000. Bitcoin regained ground above $114,000 on Thursday, marking a return in investor confidence after a volatile weekend triggered short-term jitters across the cryptocurrency market. As sentiment improved, the […]<\/p>\n","protected":false},"author":0,"featured_media":4510,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-4511","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4511"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4510"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Broader market rebounds with ETH up 2.52%, SOL up 3.26%<\/h2>\n
Analysts eye potential for Bitcoin breakout above resistance<\/h2>\n
Crypto market regains momentum amid reduced profit-taking<\/h2>\n