$BTC 76.2k, Fear & Greed 26, Fear Zone
Another day of slow bleeding~ Peter Schiff is shouting about a crash, and while this old dude is all about the contrarian vibes, this time the market sentiment is playing along. Fear & Greed at 26, just a breath away from extreme fear, are you feeling jittery?
4H RSI at 41.2, EMA7 at 76.4k, EMA25 at 77k, with both moving averages putting pressure, the price is being held down. The short-term outlook is a weak trend, don’t try to argue with the doomsayers on this.
The levels are clear: 77k above is solid resistance, while 75.6k below is the critical support. In the last 24 hours, we’ve touched 75635; if we hit that level again, it might not hold. If it breaks, we’re looking at 74.8k (daily EMA25), and then Fear & Greed could dive to 20, leading to another sob story all around~
Funding rates are near zero, both longs and shorts are playing dead. Long/short ratio around 0.9, with slightly more shorts but no crushing pressure. A typical standoff, the first to move might be the first to get wrecked.
The doomsayer’s stance: Don’t mess around at these levels. If 75.6k holds, we’re still in a sideways range; if we don’t break 77k, don’t talk about reversals. Those caught in the middle will be the most hurt, don’t be that person 😂
#BTC #Bitcoin
Another day of slow bleeding~ Peter Schiff is shouting about a crash, and while this old dude is all about the contrarian vibes, this time the market sentiment is playing along. Fear & Greed at 26, just a breath away from extreme fear, are you feeling jittery?
4H RSI at 41.2, EMA7 at 76.4k, EMA25 at 77k, with both moving averages putting pressure, the price is being held down. The short-term outlook is a weak trend, don’t try to argue with the doomsayers on this.
The levels are clear: 77k above is solid resistance, while 75.6k below is the critical support. In the last 24 hours, we’ve touched 75635; if we hit that level again, it might not hold. If it breaks, we’re looking at 74.8k (daily EMA25), and then Fear & Greed could dive to 20, leading to another sob story all around~
Funding rates are near zero, both longs and shorts are playing dead. Long/short ratio around 0.9, with slightly more shorts but no crushing pressure. A typical standoff, the first to move might be the first to get wrecked.
The doomsayer’s stance: Don’t mess around at these levels. If 75.6k holds, we’re still in a sideways range; if we don’t break 77k, don’t talk about reversals. Those caught in the middle will be the most hurt, don’t be that person 😂
#BTC #Bitcoin