According to The Kobeissi Letter, the Crypto Fear & Greed Index has climbed sharply to 71, marking a 67-point increase in just five weeks and signaling a strong shift towards market greed. With the index now only 4 points away from the 'Extreme Greed' threshold, traders should be vigilant for potential volatility, as historical data often links high greed readings to increased risk of sharp market corrections or rapid price swings (source: The Kobeissi Letter, May 16, 2025). For active traders, this high index level may indicate a short-term overheating in the crypto market, suggesting the need for tighter risk management strategies and close monitoring of key support and resistance zones.