Crypto Sentiment: Peaks at 12-Month High

The Cryptoasset Sentiment Index just hit its highest level in 12 months, flashing warnings of short-term buyer fatigue as Bitcoin (BTC) rebounds stretch thin, according to economist André Dragosch. He eyes a potential bounce off the $80K-$81K cost bases before any solid reclaim, tying into broader cross-asset bullishness that could pressure the crypto market crash risks if sentiment overheats. This echoes last year's peaks where high sentiment preceded corrections, like the rebound above $81,500 after dipping from $82,751, highlighting BTC price prediction volatility in overextended rallies.

Zooming into the 4-hour chart, Bitcoin trades at $80,930.55 inside a bullish structure where the EMA50 at $80,208.15 acts as immediate support and the EMA200 at $76,390.25 anchors longer-term floors. MACD shows a golden cross at 254.95, confirming upside momentum, but RSI at 52.33 stays neutral, suggesting room before overbought exhaustion. Price hugs the upper Bollinger Band resistance near $81,814.73, with lower support at $79,395.33—if buyers tire here, expect a tactical pullback to test that EMA50 confluence for reload before pushing toward fresh highs, much like how TAO and Bitcoin sentiment drove recent hype cycles.