The Fear and Greed Index dropped to 28 today, a sharp move from yesterday's neutral level of 50. $BTC is trading at $75,440 with a 6.10% decline, while $ETH fell 8.30% to $2,218. The total market cap lost nearly 8% in 24 hours. Binance spot data shows a wide range for Bitcoin, hitting a high of 80,794 before dropping toward the 75,208 low on significant volume of 2.07B USDT.
My read: The rapid shift from neutral to fear despite Bitcoin staying above 75k shows how sensitive sentiment has become to local pullbacks.
Did you set limit orders during this dip or are you waiting for the index to drop further?
#MarketUpdate #Bitcoin
My read: The rapid shift from neutral to fear despite Bitcoin staying above 75k shows how sensitive sentiment has become to local pullbacks.
Did you set limit orders during this dip or are you waiting for the index to drop further?
#MarketUpdate #Bitcoin
