BTC surged past $78,000 on April 22, with the crypto market overall rising about 2.3%. Analysts say the increase was driven by short squeezes and ETF inflows, as spot Bitcoin ETFs have seen net inflows of approximately $1.8 billion for three consecutive weeks. In terms of sentiment indicators, the Fear and Greed Index has climbed from 8 at the beginning of April to 33, exiting the 'Extreme Fear' zone. K33 Research suggests that short-term upward momentum may continue, but a full-blown bull market still requires more supporting factors. (The Block) https://(wublock123.com)/news/btc-surges-above-78000-fear-and-greed-exit-extreme-59960