Outlook: The overall outlook is cautiously optimistic but acknowledges significant near-term risks and volatility. The base case involves consolidation before a potential further move up later in the cycle, contingent on macro risks not materializing severely. The weakening USD and eventual Fed easing are supportive, but trade wars and liquidity concerns are major headwinds.
Assessment: The Bitcoin market is navigating a complex transition. While institutionalization...
Sentiment: Fear & Greed Index indicates "Fear" (32), recovering from recent "Extreme Fear" but far from greedy. Options skew is slightly negative (cautious). QCP Broadcast highlights market caution driven by trade wars. This contrasts with the high price level, suggesting uncertainty or potential undervaluation based on sentiment.
