📈 The crypto market is showing a strong recovery.
* BTC: $78,374 (+ following the previous decline).
* ETH: $2,320 — also recovering.
* Market capitalization: $2.62 trillion (+2.32%).
* Fear & Greed: 37 — fear; the market is still unsure about a reversal.
* RSI: 50.96 — neutral zone.
* MACD: +0.09 — positive momentum.
🔥 Liquidations: $445 million, including $256 million in longs and $189 million in shorts. This points to a fierce battle between buyers and sellers.
Conclusion: Buyers have taken the initiative after the downturn, but there is no confirmed reversal yet. The market needs to hold above current levels. For now, this looks more like a recovery after a decline than the start of a new bull trend.
* BTC: $78,374 (+ following the previous decline).
* ETH: $2,320 — also recovering.
* Market capitalization: $2.62 trillion (+2.32%).
* Fear & Greed: 37 — fear; the market is still unsure about a reversal.
* RSI: 50.96 — neutral zone.
* MACD: +0.09 — positive momentum.
🔥 Liquidations: $445 million, including $256 million in longs and $189 million in shorts. This points to a fierce battle between buyers and sellers.
Conclusion: Buyers have taken the initiative after the downturn, but there is no confirmed reversal yet. The market needs to hold above current levels. For now, this looks more like a recovery after a decline than the start of a new bull trend.
