Despite Middle East tensions… Crypto Fear & Greed Index remains at greed level

YM Lee

Summary

Amid the Israel-Iran conflict, the Crypto Fear & Greed Index remains at a score of 60, continuing to indicate a greed level.
Unlike last year’s geopolitical crisis, market sentiment currently remains strong despite the recent decline in Bitcoin.
An anonymous market analyst explained that the ongoing conflict has not yet had a clear impact on selling pressure, but market trends should continue to be monitored.

Even amid the Israel-Iran conflict, the major indicator of market sentiment in the virtual asset (cryptocurrency) market—the Crypto Fear & Greed Index—remains at the greed level.

As of the 15th, the Crypto Fear & Greed Index stands at 60, maintaining greed despite geopolitical tensions and a downtrend in Bitcoin. This is in stark contrast to last year, when the index plunged to fear levels amid sharp market declines triggered by Israel-related geopolitical conflict.

Anonymous market analyst Zastax commented, “Bitcoin does not seem to be paying attention to the Israel-Iran conflict yet. So far, it does not appear to have significantly affected selling pressure, but it is necessary to keep an eye on how the market trend develops next week.”

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