According to CoinMeta, analyst Axel Adler Jr indicates that the Bitcoin sentiment index is in an extremely greedy range, but the price has not increased since August 24th when it was at $78,700; instead, it has decreased. The rising market sentiment lacks the support of price momentum. The current high sentiment index is driven by the Fear & Greed Index, with z-score reaching +2.19σ, indicating that participants are only moderately optimistic. The combination of extremely optimistic sentiment and a lack of sustained price increases makes the market more sensitive to weakening demand. If high sentiment persists while demand and prices do not follow, the market faces the risk of a correction.