The Fear and Greed Index has reached its highest level since February 2021.

恐惧与贪婪指数已达到2021年2月以来的最高水平。

With Bitcoin (BTC) approaching an all-time high (ATH), the cryptocurrency Fear and Greed Index has reached 90,

随着比特币（BTC）接近历史高点（ATH），加密货币恐惧和贪婪指数已达到90，

The level of 75-100 shows an extreme level of greed and means that traders in the market are in the mood to buy more. When the market goes up, people tend to accumulate more cryptocurrency, which means they become more greedy, a phenomenon that leads to higher price movements.

75-100 的水平显示了极度的贪婪程度，意味着市场上的交易者有心情购买更多。当市场上涨时，人们往往会积累更多的加密货币，这意味着他们变得更加贪婪，这种现象会导致价格波动更大。

The graph shows that the metric has been below 70 for several years. Market sentiment has improved noticeably since last fall amid the market recovery and its transition to a bullish phase.

该图显示该指标多年来一直低于 70。自去年秋季以来，随着市场复苏并过渡到看涨阶段，市场情绪明显改善。

At the time of writing, BTC is trading at $66,700. Over the past 24 hours, the asset has risen in price by 2.4%; in 7 days, it has increased by 17.7%, according to CoinMarketCap. Bitcoin’s market capitalization has updated its all-time high above $1.3 trillion, and on March 4, the BTC price reached $68,600 – just below the all-time high recorded in November 2021.

截至撰写本文时，BTC 交易价格为 66,700 美元。过去24小时内，该资产价格上涨了2.4%；根据 CoinMarketCap 的数据，7 天内增长了 17.7%。比特币市值刷新历史新高，突破 1.3 万亿美元，3 月 4 日，比特币价格达到 68,600 美元，略低于 2021 年 11 月创下的历史新高。

Against this rise, the volume of liquidations on futures on the cryptocurrency market amounted to more than $560 million. Most liquidations occurred on trading pairs with Bitcoin, Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB). The largest amount of liquidations has traditionally been recorded on the Binance and OKX cryptocurrency exchanges.

与此增长相对应的是，加密货币市场的期货清算量超过 5.6 亿美元。大多数清算发生在与比特币、以太坊（ETH）、狗狗币（DOGE）、柴犬（SHIB）的交易对上。传统上，Binance 和 OKX 加密货币交易所的清算金额最大。

Read more: Bitcoin trade volume hits highest level since 2021, Kaiko says

了解更多：Kaiko 表示，比特币交易量达到 2021 年以来的最高水平