BTC at $65,267 is up 0.99% today. Market cap: $2.31T Looks like a comeback. But Sentiment is still in extreme fear. Mood didn't move. Price moved. That difference is more significant than either figure alone: traders are not buying into the recovery, but they’re not selling it either.

Usually that’s where the real formations take place, not euphoric tops but the boring, fearful middle that nobody trusts yet.

Are you waiting for sentiment to turn first, or are you following fear rallies?