Looks like the crypto market is stirring things up! For the first time in ages, the Fear & Greed Index has dipped its toes into the greed zone. Is this a signal for a potential surge?
Right now, longs seem to have the upper hand. Just check out the liquidation heatmap from the last 24 hours. There’s a hefty cluster of liquidity up to the $100K mark. Could the market be eyeing this level for a sweep?
But don’t get too caught up in the excitement just yet. When we zoom out to the two-week timeframe, we see that most of the liquidity is actually lurking below $90K. This is in line with that second gap I mentioned last week, and I suspect it’s only a matter of time before that gap gets filled—potentially right after we hit $100K.
To keep the bullish momentum going, we really need to hold above the $94,500 mark. A drop below that could shake things up quite a bit.
What are your thoughts on this? Are you feeling bullish or bearish? Let’s dissect this together!
#CryptoTrends #MarketAnalysis #BullishOutlook