Wall Street sentiment shows euphoria as cryptographic positions

US actions are intermittent signs of euphoria, contrasting with a criptographic market off as merchants look for divine clues about what follows.

The world capital risk indicator of the Bank of America, which provides an indicator of the feeling of investors, suggests that the positioning of investors, volatility and technicians in the stock market are becoming dangerously optimistic.

“The Bofa Global Capital Risk Love Indicator jumped to 1.4, the highest in 13 months,” wrote Kobeissi’s letter in a tweet Mondays. “This metric has increased from panic levels to euphoria in just 4 months. Since 1987, the feeling has only been higher 7% of the time.”

Since April, both the US stock market ETF flows.

Two of Crypto’s largest coins for market capitalization have remained stable in the last seven days, registering in less than a percentage for Bitcoin and a negative performance of 0.4% for Ethereum, as shown in Coingcko data.

If the feeling of investors is inclined in excess, a risk turn could cause a setback in shares that are probably spilled in digital assets, deepening the recent Bitcoin slide.

The question is whether optimism has really reached that point.

The bank recognized in its August report That the recent increase in the S&P 500 index and the stocks of memes “have been enough to raise some eyebrows.”

Even so, he clarified that despite this “disconnection between the enthusiasm of investors and the foundations, it is not a risk that we are very concerned about for now.”

Individual investors are taking a cautious posture, according to a recent feeling survey of the American Association of Individual Investors.

The survey showed that only 15.5% of respondents remained optimistic, indicating that “euphoria” is missing among retail merchants and short -term.

Crypto Fear and greed index It also shows a similar perspective, being “Fear” the dominant narrative.

Crypto Market’s perspective remains biased in favor of the Bears in the short term due to the seasonality of September, which has given an average yield of 3.34% in the last 12 years, Decipher previously reported.

The employment data statement on September 5 may allow investors to position themselves before the decision reduction of the September 17 rate, but for now, merchants are taking a defensive position.