Bitcoin has remained above $90,000, prompting the Crypto Fear & Greed Index to reach a two-month high with a score of 72 out of 100 on April 23. However, despite this stable price, sentiment has taken a downturn, falling to 60 by April 25. Analysts express skepticism regarding the rally's sustainability, with warnings from figures like Markus Thielen from 10x Research, who highlighted that stablecoin minting activity remains low, suggesting caution. While Bitcoin dominance is over 64% and inflows into spot Bitcoin ETFs are strong, the low altcoin season score of 17 indicates that investors are still heavily favoring Bitcoin. Contrastingly, some are more optimistic about future growth, expecting buyers to step in and drive prices higher. Overall, market sentiment remains complex as Bitcoin's price sits firmly above $90K but faces critical assessments on the rally's durability.

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