Matrixport: The divergence between current sentiment and fundamentals may indicate that the market may enter a cooling phase in the short term


Matrixport released a chart today stating, "The current greed and fear index is approaching a high level, and the slow moving average is also showing a top signal. Looking back in history, whenever this indicator is in an upward phase, the price of Bitcoin usually performs strongly; but once it starts to fall, it often means that market sentiment is cooling down, and investors need to be more cautious.