[Today's Focus Cryptocurrency] Orca(ORCA), Fear & Greed Index 98 "Extreme Greed"... Short-term buying is concentrated

Orca (ORCA) has garnered market attention during its short-term rebound trend, reaching the peak of the Fear and Greed Index. According to Upbit data, Orca’s Fear and Greed Index hit 98, entering the “Extreme Greed” zone. Recent trading volume has increased, and buying sentiment is rapidly improving.

On the 19th, Upbit data showed Orca rose 0.40% from the previous day, with a trading price of 1,986 KRW. The intraday high was 2,167 KRW, and the low was 1,891 KRW, with a 24-hour trading volume of approximately 193.8 billion KRW. After a strong rebound near recent lows, it is currently oscillating within a short-term high range.

In the Fear and Greed indicator, Orca also ranks among the top. Orca’s Fear and Greed Index stands at 98, followed by KITE (83), AWE (82), ORBS (75), and ATOM (69). Investment sentiment is rapidly recovering, especially around some DeFi and DEX-related projects.

From the chart, a short-term surge appears after a long-term downtrend. The bullish candles formed by high trading volume reinforce expectations of a trend reversal in the short term, but there is also a possibility of increased volatility due to short-term overheating.

Orca is a decentralized exchange (DEX) based on Solana, characterized by the introduction of a Concentrated Liquidity Market Maker (CLMM) model to improve capital efficiency. Its native token ORCA is used for protocol governance and participating in ecosystem development decisions.

Meanwhile, the main virtual asset markets are showing a sideways pattern. Bitcoin (BTC) remains stable around 98.87 million KRW, while Ethereum (ETH) has slightly risen in the 2.91 million KRW range. Some DeFi projects continue their short-term strength, showing a divergence among individual tokens.

※ This article does not constitute investment advice. Investment results are at the investor’s own risk.