Crypto sentiment has been changed in 2023...

Cryptocurrency is in a very weird state, regulation, inflation, financial institution failures, wars... nothing has changed, we are getting rekt from left & right, but the sentiment of the investors changed. As we can see from the price charts of BTC & ETH, other Altcoins are still very volatile, but they are trying to follow the price jump. We are not in a bull market, that's easy to understand, everything is 40-80% down, on prices, but we are not in a desperate bear market, either, 3 months continues green is nothing to sneeze at. ????

We have a BTC bull run from the start of 2023, as we can see in the YTD price chart:

BTC's YTD price chart.

Last time that the Fear & Greed index was at that level, was back in 2021 November, during the ATHs:

Red Arrow shows the last time F&G index was 63 or above.

F&G right now.

The halving is not even close, as we can see it still needs 400 days, at average:

BTC halving.

ETH follows BTC at exact pace:

BTC vs ETH chart.

But we can definitely see that the ultra sound money hits ETH supply pretty hard:

ETH supply -66.675.13.