Bitcoin broke above $87,300 on September 21 as market sentiment turned sharply bullish. Santiment reported its strongest positive social sentiment spike since December 2024, while the Crypto Fear and Greed Index rose from 51 a week earlier to 78, entering the greed zone. The move was reinforced by roughly $648 million in short liquidations over 24 hours, forcing bearish traders to buy back positions, while total crypto trading volume increased 39%.
The rally is becoming increasingly crowded. Bitcoin open interest rose 7.6% to about $156 billion, indicating that traders added fresh leverage after the squeeze instead of reducing risk. Santiment said FOMO reached its highest level in nearly two years; historically, extreme consensus can precede consolidation or a pullback, although it does not guarantee an immediate reversal.
https://news.bitcoin.com/crypto-news/bitcoin-fomo-hits-two-year-high-after-87k-breakout/
oxhak / Ox HaK
npub1sx…dz7z7
2026-09-22 11:36:07 UTC
Author Public Key
npub1sxexewvzysc3affq4yzzh7w8e3udyujap2vlj7t6lkdg5dvhp24q4dz7z7Seen on
wss://relay.damus.ioPublished at
2026-09-22 11:36:07 UTCEvent JSON
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"content": "Bitcoin broke above $87,300 on September 21 as market sentiment turned sharply bullish. Santiment reported its strongest positive social sentiment spike since December 2024, while the Crypto Fear and Greed Index rose from 51 a week earlier to 78, entering the greed zone. The move was reinforced by roughly $648 million in short liquidations over 24 hours, forcing bearish traders to buy back positions, while total crypto trading volume increased 39%.\n\nThe rally is becoming increasingly crowded. Bitcoin open interest rose 7.6% to about $156 billion, indicating that traders added fresh leverage after the squeeze instead of reducing risk. Santiment said FOMO reached its highest level in nearly two years; historically, extreme consensus can precede consolidation or a pullback, although it does not guarantee an immediate reversal.\n\nhttps://news.bitcoin.com/crypto-news/bitcoin-fomo-hits-two-year-high-after-87k-breakout/",
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