Cryptocurrency market sentiment is neutral, at 53, but altcoin rotation is heating up

Cryptocurrency market sentiment improved, with the Fear and Greed Index neutral 53/100, up 12 points in a week. The liquidity of altcoins accelerated, with the altcoin season index soaring 34% to 71 points. Bitcoin’s dominance fell to 56.72%, while institutional investors’ inflows into Bitcoin and Ethereum ETFs reached $1.05 billion. However, overbought conditions and FTX-linked wallet volatility highlight the lingering risks.