$54.5M got liquidated in the last 24 hours, and 77% of it was longs. People keep betting on the bounce and the market keeps wiping them out.
Fear & Greed is at 28 — Fear. Better than yesterday's 25 (Extreme Fear), but still fear for the third day in a row. $BTC is just sitting around $75.9K, $ETH around $2,237, barely moving.
My take: fear this deep usually shows up near bottoms, but longs still getting rekt tells me dip-buyers are jumping in too early. I need to see price actually hold and turn before I call anything a bottom.
Are you buying this fear, or waiting for confirmation?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
Fear & Greed is at 28 — Fear. Better than yesterday's 25 (Extreme Fear), but still fear for the third day in a row. $BTC is just sitting around $75.9K, $ETH around $2,237, barely moving.
My take: fear this deep usually shows up near bottoms, but longs still getting rekt tells me dip-buyers are jumping in too early. I need to see price actually hold and turn before I call anything a bottom.
Are you buying this fear, or waiting for confirmation?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
