While Bitcoin is priced at $82,000, the Fear & Greed index has risen again to the 52% band, indicating cautious optimism in the market. Although we have seen volume-backed moves on some projects this week on the altcoin side, the current structure still does not confirm the beginning of a clear "altseason." Dominance pressure is still around Bitcoin, with much of the liquidity still turning around, and volumes not spreading widely enough.
But there's one important detail inside the bad scenario that shouldn't be ignored: The vast majority of projects in the market are still trading at rates of up to 300% of old ATH levels. Although this may seem like a weakness in the short term, it also brings a long-term serious risk/reward balance. Especially in projects with a strong team, active ecosystem and real use, it would not be surprising to see very harsh price reactions if the market regains a risk appetite.
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