Significant declines across major coins pushed the market into 'Fear' today. $BTC dropped 4.495% to $77,834, and $ETH fell 4.699%.
This selling pressure is reflected in the Fear & Greed Index, which sharply moved from 51 ('Neutral') yesterday to 30 ('Fear') today.
The quick shift in sentiment suggests caution is warranted. I remain cautious with current market conditions.
A sustained recovery in major coin prices, especially above recent resistance levels, would change my view. I am watching for the Fear & Greed Index to move back towards 'Neutral' as a sign of stabilization.
#MarketSentiment #PriceAction
This selling pressure is reflected in the Fear & Greed Index, which sharply moved from 51 ('Neutral') yesterday to 30 ('Fear') today.
The quick shift in sentiment suggests caution is warranted. I remain cautious with current market conditions.
A sustained recovery in major coin prices, especially above recent resistance levels, would change my view. I am watching for the Fear & Greed Index to move back towards 'Neutral' as a sign of stabilization.
#MarketSentiment #PriceAction
