Bitcoin stayed above the $80,000 threshold, and the fear and greed index in the crypto market for the first time since January shifted into the "neutral" zone. According to market data from Gate, since Bitcoin broke the $80,000 mark on May 2, it has been holding steady at this key psychological level for several consecutive days. As of May 6, the price is consolidating in the range of $80,000–81,500, with a total increase of about 10% for the current month. During the same period, the cryptocurrency fear and greed index for the first time since January moved into the neutral zone: on May 5, it was at 50, and on May 6 — at 51, quickly emerging from the prolonged state of "fear" and even "extreme fear," which had long weighed on the market. What macroeconomic and monetary factors caused such a shift in sentiment? Why did $80,000 become the focal point of the battle between bulls and bears?

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