Bitcoin's profit-taking has declined by 93% since December. Bitcoin reached $68 thousand at the beginning of November and soared to $109 thousand two months later, a 60% increase. In December, investors realized $3 billion in profits. The market is currently waiting for a recovery; otherwise, even holding $100 thousand in Bitcoin could turn into a nightmare. The leverage in the derivatives market has decreased, indicating traders' uncertainty about Bitcoin's price movement. The outflow from exchanges has also significantly dropped, suggesting that FOMO is fading. However, greed has rebounded from "extreme" levels, which may signal that profit-taking is nearing its peak. According to a report from Glassnode, profit-taking has decreased from $4.50 billion in December to the current $316 million. AMBCrypto points out that if FOMO returns while excessive greed fades, it could drive prices significantly higher. The Bitcoin market is not overheated at the moment, but the upcoming FOMC meeting could have a major impact on Bitcoin's recovery. The market's consolidation phase may be a positive sign, allowing institutions to quietly accumulate Bitcoin after market stabilization. The Federal Reserve's actions will be crucial; a rate cut could bring changes, but if it surprises, Bitcoin may decline further. The market shows signs of life, with greed returning and profit-taking cooling down, which could trigger a new buying spree. Keep an eye on the U.S. economic calendar, as it will determine whether extreme greed dominates or if FOMO makes a comeback.