Bitcoin Holds Steady Above $60K as Altcoins Lead Quiet Market

Bitcoin has been trading steadily above $60,000, but sentiment remains 'extreme fear' as the Crypto Fear and Greed Index stays at 15. Curve DAO (CRV) is up 8% after a six-day rebound, though it still lags behind its 100- and 200-day Exponential Moving Averages.

The wider market shows no signs of recovery, with Bitcoin fluctuating above $62,000. The modest uptick in price has not changed the underlying mood, as the Crypto Fear and Greed Index remains below 20 throughout the week.

Bitcoin's short-term setup is mildly bearish, consolidating above the key $60,000 psychological level after a 14% decline last week. Momentum indicators remain subdued, with the Relative Strength Index (RSI) at 27, staying in oversold territory.