The Fear and Greed Index hit 25 today, signaling extreme fear across the market. This sentiment persists even as $BTC trades at $75,966, maintaining a high dominance of 59.27% over the total market cap. Total market capitalization fell 2.52% to $2.56 trillion, while $ETH saw a modest 1.30% increase to $2,245. On Binance spot, BTC recorded a volume of 1.16B USDT with over 2.8 million trades in the last 24 hours.
I think the gap between the high price and the extreme fear sentiment reflects a market where capital is hiding in the largest asset while liquidity for smaller coins remains thin.
Are you adding to your spot positions during this extreme fear or holding your current cash balance?
#MarketUpdate #BitcoinRebounds$75KAsChipsLead
I think the gap between the high price and the extreme fear sentiment reflects a market where capital is hiding in the largest asset while liquidity for smaller coins remains thin.
Are you adding to your spot positions during this extreme fear or holding your current cash balance?
#MarketUpdate #BitcoinRebounds$75KAsChipsLead
