Market sentiment for Bitcoin has entered the ‘Greed’ territory, with the Fear and Greed Index registering 2.77. This shift indicates growing optimism among investors as early bullish momentum takes hold.
Despite rising enthusiasm, large Bitcoin holders are gradually reducing their exposure. Wallets containing over 1,000 BTC have collectively shed approximately 447,000 BTC over the past year. Analysts note this measured selling has supported market stability by preventing abrupt price fluctuations.
Simultaneously, Ethereum has begun outperforming Bitcoin, marked by an ascending ETH/BTC exchange ratio. This pattern traditionally precedes altcoin seasons, suggesting Ethereum could soon catalyze accelerated gains across the broader altcoin market.
Bitcoin’s stable price action during this greed phase—characterized by both investor optimism and whale distribution—signals balanced market dynamics. Historical analysis further indicates Bitcoin could sustainably hold above the $100,000 threshold while retaining potential for additional growth.