Current market sentiment: The Fear & Greed Index is at 28, in the “Fear” zone. Total market capitalization has fallen from around $2.68 trillion to $2.55 trillion, down 5% in 24 hours.
$BTC is around $75,000–$76,000, while $ETH is about $2,240. ETH has now closed lower for the sixth consecutive week. Around $1.1 billion in positions were liquidated over the past 24 hours, mostly long positions.
Key levels mentioned by Wintermute: watch $73,000 and $68,000 below; a convincing reclaim of $80,000 is needed to turn optimistic.
Fear makes it easy to act impulsively. Setting your position size and risk controls matters more than guessing price levels.
#BTC #MarketSentiment
For reference only; this is not investment advice.
$BTC is around $75,000–$76,000, while $ETH is about $2,240. ETH has now closed lower for the sixth consecutive week. Around $1.1 billion in positions were liquidated over the past 24 hours, mostly long positions.
Key levels mentioned by Wintermute: watch $73,000 and $68,000 below; a convincing reclaim of $80,000 is needed to turn optimistic.
Fear makes it easy to act impulsively. Setting your position size and risk controls matters more than guessing price levels.
#BTC #MarketSentiment
For reference only; this is not investment advice.