Bitcoin Rally Above $100K Continues Amid Rising Whale Transfers and Moderate Market Greed

Key Points

1. The Fear and Greed Index registers at 66%, indicating cautious optimism among investors.

2. Whale transfers, averaging 12,000 BTC over 7 days, suggest strategic profit-taking but also reflect strong demand.

3. Historically, readings above 75% on the Fear and Greed Index have signaled market tops, but current levels remain balanced.

4. The market's ability to sustain the uptrend is supported by tempered enthusiasm and investor confidence.

5. Increased whale activity is seen as a sign of market maturity, balancing profit-taking with long-term growth expectations.