$BTC Over these two days, it has been grinding around the 85,000-dollar mark. It’s been only a slight dip of 0.38% over 24 hours; the daily K line forms a doji, with neither bulls nor bears gaining momentum. The price action has been capped between 85,000 and 86,000, a $1,000 range, with an intraday high-low spread of less than $500.
The Fear & Greed Index is still at 71, in line with the highs from the past week. Market sentiment hasn’t eased along with the sideways movement, and the sidelined funds are still waiting. Over the past 24 hours, the total market cap of the entire crypto market dropped 2.65%, but BTC is actually the most resilient; funds are looking for an anchor among the major coins.
The 85,000 level has held. The next step is whether 86,000 can break through with volume; if it can’t hold, then it falls back to the 84,000 support level, and the choppy trading pattern remains unchanged.
#BTC晚盘 #横盘整理 #sentiment at a high level
The Fear & Greed Index is still at 71, in line with the highs from the past week. Market sentiment hasn’t eased along with the sideways movement, and the sidelined funds are still waiting. Over the past 24 hours, the total market cap of the entire crypto market dropped 2.65%, but BTC is actually the most resilient; funds are looking for an anchor among the major coins.
The 85,000 level has held. The next step is whether 86,000 can break through with volume; if it can’t hold, then it falls back to the 84,000 support level, and the choppy trading pattern remains unchanged.
#BTC晚盘 #横盘整理 #sentiment at a high level
