In recent days we Fear and Greed index has hit perfect neutral score while Bitcoin price is at 108k.
Mind you we were at neutral values even when the price was nearing 110k, yet there is over one billion dollar liquidations around 111k dollars.
Additionally today I'd like to bring your attention to index I have not been using so far: bitcoin bubble index. It is one of the 30 indicators used by Coinglass and according to it the bullrun has not even began.

>>60586914 (OP)
In April 21, fear and greed hovered around 70, today it's in the 60s. Back then, a massive dropped followed.
Fear and greed is reactive, not predictive.

>>60586914 (OP)
The most damning thing on Coinglass is the Google interest in Bitcoin.
2018 to 2020, there was interest despite low prices. Now, it's faded to nothing.

>>60586979
Almost like everybody already realized crypto is largely a scam, and now with governmental adoption, if will be just another legalized financial extortion from retail to banks.

>>60587006
I wouldn't call it governmental adoption, it's just some dude who sells perfume between threatening diplomatic messages to global superpowers.

>>60586973
And? we are near ATH but people are not euphoric, that's what the fear and greed index shows, in fact there are many loud irrational bearish voices in retail (biz, reddit), this together with the rest of the stuff in OP forms bullish scenario as the outside climate is turning very pro-crypto. Apart from that always bet against reddit, their judgment is tainted by their seething hatred of the orange man, they want everyone to suffer when he is wielding power.
Fear and Greed index is not predictive, it just describes current mood of the market based on past. When Fear and Greed index enters extreme greed you should sell as it signals market euphoria, which signals incoming lack of buying liquidity (momentarily no more greater fools to buy). It is equivalent of your aunt calling you to ask if she should buy them bitcorns. In 2025 it has not yet entered extreme greed, but it has entered extreme fear twice, normies have not yet been buying in. For instance Blackrock and the other ETF providers offer the bitcoin ETF only to already rich customers, unless you yourself go out of your way to buy them.