Crypto sentiment jumped from Fear to Neutral in a day — but the numbers behind it tell a more cautious story.
Key figures:
• Fear & Greed Index: 50 (Neutral) today, up from 34 (Fear) yesterday and 26 two days ago — Alternative.me, Nov 5
• BTC +5.4% and ETH +7.5% in 24 hours, but BTC is up just +0.25% for the week — CoinGecko, Nov 5
• Crypto market cap: $2.79 trillion, up 5.1% in a day — CoinGecko, Nov 5
• 24-hour liquidations: $772.75 million: $534.38 million in shorts vs. $238.37 million in longs — CoinGlass, Nov 5
My take: the market is relieved after the election, but this looks more like a short squeeze than a fresh wave of buying — more than twice as many shorts as longs were liquidated. BTC itself is around $80,480 this afternoon and is nearly flat for the week, so this rebound hasn't erased the previous losses. Sentiment can reverse as quickly as it rises.
What I'm watching next: the Bank of England interest rate decision tonight at 19:00 WIB and the US NFP report tomorrow at 20:30 WIB — both could test whether this sentiment reading of 50 holds.
What do you think: is this jump in sentiment a sign that the market is truly recovering, or just one day's euphoria?
This is my analysis, not financial advice — always DYOR.
#AngkaHariIni #Bitcoin #SentimenPasar $BTC $ETH