Crypto Market Sentiment Shifts to Greed by Late April 2025

In April 2025, the crypto market experienced a significant shift in sentiment. The Fear & Greed Index from Alternative.me surged from a low of 18 to a high of 72, indicating a transition from extreme fear to greed.

Meanwhile, CoinMarketCap’s version of the index rose from 15 to 52 points, showing a move from extreme fear to a neutral state.

Despite the difference in numbers, both indexes confirm a significant shift in investor sentiment.

Bitcoin Accumulation by Whales and Retail Investors

According to information quoted from Beincrypto, on-chain data shows that Bitcoin accumulation is being carried out not only by whales but also by retail investors.

Glassnode reported that the accumulation trend score has increased across various investor tiers, indicating that Bitcoin purchases are expanding from large wallets to smaller ones.

This phenomenon has helped Bitcoin maintain a price above US$93,000 during the last week of April.

Support from Financial Institutions

Major financial institutions such as Fidelity and ARK Invest have raised their forecasts for Bitcoin.

They have noted a decline in Bitcoin reserves on exchanges and an increase in institutional purchases as positive indicators for the market.

This shows that institutional interest in Bitcoin continues to rise, providing additional support for the ongoing price rally.

Outlook for the Crypto Market Ahead

With sentiment shifting from fear to greed, and backed by both large investors and financial institutions, the crypto market presents a positive outlook.

However, investors are advised to remain cautious of potential price corrections that may occur following a period of extreme greed.