Bitcoin sentiment shifted from fear to neutral as markets began recovering from a recent correction. After a drop to $112,000, the Fear & Greed Index fell to 44, its lowest in two months, indicating fear in the market. Since then, Bitcoin has made a modest recovery, rising to $114,500, resulting in a neutral sentiment rating of 50. Analysts have indicated that more volatility might surface, especially with the upcoming speech by Federal Reserve Chair Jerome Powell, historically known to influence market dynamics. The anticipation surrounds Powell's potential comments on interest rates, as analysts predict a growing chance of rate cuts. However, the market remains cautious, examining factors contributing to recent price movements and potential market manipulation, as highlighted by various market commentators. Overall, while the immediate sentiment has improved, investors should brace for uncertainty and possible fluctuations in the near future.

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