{"id":96453,"date":"2026-04-23T15:43:36","date_gmt":"2026-04-23T12:43:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96453"},"modified":"2026-04-23T15:45:29","modified_gmt":"2026-04-23T12:45:29","slug":"fear-and-greed-index-hits-three-month-high-amid-bitcoin-surge","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fear-and-greed-index-hits-three-month-high-amid-bitcoin-surge\/","title":{"rendered":"Fear and Greed Index Hits Three-Month High Amid Bitcoin Surge"},"content":{"rendered":"<p>The cryptocurrency <a href=\"https:\/\/docs.google.com\/document\/d\/1HGggztlaZhBhWRr3FVB_hvkLUr_AsutFNYZWih0GYq8\/edit?tab=t.0\">Fear and Greed Index<\/a> has reached its highest level since January, according to data from <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative.me<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-da6dca89816a947c-2549273389863863.webp\" alt=\"Crypto Fear and Greed Index \" class=\"wp-image-278898\"\/><figcaption class=\"wp-element-caption\">Crypto Fear and Greed Index as of April 23. Source: Alternative.me.\u00a0<\/figcaption><\/figure>\n<p>In the past 24 hours, the index rose by 14 points to 46 out of 100. Such levels were last seen only at the beginning of the year.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-1c60df7ecfc8b10b-2549285031736835.webp\" alt=\"Crypto Fear and Greed Index \" class=\"wp-image-278899\"\/><figcaption class=\"wp-element-caption\">Fear and Greed Index trend over the year. Source: Alternative.me.\u00a0<\/figcaption><\/figure>\n<p>The index remains in the &#8220;fear&#8221; zone. However, current values are significantly higher than the low of 5 recorded on February 23 after the <a href=\"https:\/\/forklog.com\/en\/news\/macroeconomic-shocks-and-investor-panic-drive-bitcoin-below-65000\">imposition<\/a> of global tariffs by the administration of U.S. President Donald Trump. At that time, Bitcoin&#8217;s price <a href=\"https:\/\/forklog.com\/en\/news\/analysts-warn-of-bitcoins-potential-drop-to-47000\">plummeted<\/a> to $63,000.\u00a0<\/p>\n<p>At the time of writing, the leading cryptocurrency is trading around $77,600. Over the past 24 hours, the asset&#8217;s price has decreased by 0.8%, but it has gained 4.2% over the week, reaching a local high <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-surges-past-79000\">around $80,000<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-6711cd01b67ec617-2549298006378160.webp\" alt=\"Bitcoin (BTC) price chart\" class=\"wp-image-278900\"\/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Demand Structure and Correction Potential\u00a0<\/h2>\n<p>Julio Moreno, head of research at CryptoQuant, believes the recent digital gold rally is primarily driven by demand in the perpetual futures market.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Speculative rally: The recent Bitcoin price increase is completely driven by demand in the perpetual futures market. Meanwhile, spot demand is still contracting (although at a slower pace).<\/p>\n<p>The same happened on January, when Bitcoin peaked at $98K.<\/p>\n<p>There are risks of a\u2026 <a href=\"https:\/\/t.co\/HDt157QJwJ\">pic.twitter.com\/HDt157QJwJ<\/a><\/p>\n<p>\u2014 Julio Moreno (@jjcmoreno) <a href=\"https:\/\/twitter.com\/jjcmoreno\/status\/2047072820526497873?ref_src=twsrc%5Etfw\">April 22, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the same occurred in January when Bitcoin&#8217;s price rose to $98,000.<\/p>\n<p>However, spot interest continues to decline, Moreno emphasized. If traders take profits, it could trigger a correction.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Reasons for Optimism\u00a0<\/h2>\n<p>Meanwhile, several indicators suggest that the market situation is not entirely negative. Over the past month, more than 300,000 BTC have moved into long-term holders&#8217; wallets, while short-term investors have been reducing positions.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin supply is moving into stronger hands.<\/p>\n<p>Over the last 30 days: <br \/>\u2022 Long Term Holder Supply: +303K BTC <br \/>\u2022 ETF Netflows: +16.8K BTC <br \/>\u2022 Strategy: +53.0K BTC<\/p>\n<p>And meanwhile: <br \/>\u2022 Short Term Holder Supply: -290K BTC <a href=\"https:\/\/t.co\/LeoKkZ3MMq\">pic.twitter.com\/LeoKkZ3MMq<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/2047075137594294396?ref_src=twsrc%5Etfw\">April 22, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another indirect signal is the high trading activity on major exchanges.\u00a0<\/p>\n<p>An analyst known as maartunn noted that since the beginning of 2026, trading volume on Binance has already exceeded $1 trillion. This suggests not a withdrawal of liquidity from the market, but its concentration among major players, the expert believes.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Liquidity is not leaving crypto, it is concentrating<\/p>\n<p>\u201cBinance has already cleared $1.09 trillion in trading volume in 2026, and we\u2019re only 112 days into the year. That is a huge number for a market people keep calling weak or bearish.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/JA_Maartun?ref_src=twsrc%5Etfw\">@JA_Maartun<\/a> <a href=\"https:\/\/t.co\/FOv4lrvHst\">pic.twitter.com\/FOv4lrvHst<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/2047220732665511955?ref_src=twsrc%5Etfw\">April 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Simultaneously, there is a continued inflow of funds into spot Bitcoin-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETFs<\/a>. At the end of the latest session, the funds attracted $11.8 million, marking the sixth consecutive day of positive dynamics.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f984ed12a84b5047-2549366193446786.webp\" alt=\"Bitcoin ETF chart \" class=\"wp-image-278901\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/sosovalue.com\/ru\/assets\/etf\/us-btc-spot\">SoSoValue<\/a>.\u00a0<\/figcaption><\/figure>\n<p>MN Trading founder Micha\u00ebl van de Poppe believes that if the $73,000-$75,000 range holds, Bitcoin could reach $85,000-$88,000 within the next one to two weeks.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We tested the $79K area and fell back slightly.<\/p>\n<p>Quite some normal price action on <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>, and I don&#8217;t think we&#8217;ll cascade down from here.<\/p>\n<p>I&#8217;d much rather see a continuation to $85-88K over the next 1-2 weeks, as long as $73-75K holds. <a href=\"https:\/\/t.co\/oWGrwXUnBQ\">https:\/\/t.co\/oWGrwXUnBQ<\/a> <a href=\"https:\/\/t.co\/h1d0zSrNif\">pic.twitter.com\/h1d0zSrNif<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/2047226388231418347?ref_src=twsrc%5Etfw\">April 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier in April, van de Poppe <a href=\"https:\/\/forklog.com\/en\/news\/analyst-predicts-bitcoin-could-reach-100000-by-2026\">predicted<\/a> that the leading cryptocurrency could rise to $100,000 this year. According to him, after deep corrections, the price typically increases by 30-60% over six months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency Fear and Greed Index has reached its highest level since January, according to data from Alternative.me.<\/p>\n","protected":false},"author":1,"featured_media":96454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Fear and Greed Index hits highest level since January amid Bitcoin surge.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,569,1384,1138],"class_list":["post-96453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-etf","tag-fear-index","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"Fear and Greed Index hits highest level since January amid Bitcoin surge.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96453"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96453\/revisions"}],"predecessor-version":[{"id":96455,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96453\/revisions\/96455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96454"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}