๐จExtreme Fear = Buying Opportunity? ๐จ
Alright fam, letโs talk market mood. The Fear & Greed Index is currently at 11 โ thatโs Extreme Fear ๐จ. Historically, these levels often mark potential bottoms. Don't get me wrong, things can always go lower, but this is where you start looking for opportunities.
$BTC is currently holding around $67197, up almost 0.7% today. Volume is down across the board (-37.58% in the last 24hrs) which suggests we havenโt seen a massive flush yet. Iโm watching $68k as a key resistance level. If we break and hold above that, Iโd consider longing with a stop loss around $66k.
$ETH is showing a slight pullback, but still solid. $SOL is one to watch too, it's been showing strength. Keep an eye on those trending coins โ Siren and StakeStone โ but do your research before jumping in! ๐ง
Remember, market cap is up 0.34% today, but we're still a long way from the all-time high. Bitcoin dominance is sitting at 55.61%, showing altcoins have some room to run if $BTC consolidates.
Don't let fear dictate your decisions. Use it to your advantage! ๐
Like & share if you're stacking sats in this dip!
Not financial advice, DYOR
#Bitcoin #Crypto #Altcoins #Trading #FearandGreed
Alright fam, letโs talk market mood. The Fear & Greed Index is currently at 11 โ thatโs Extreme Fear ๐จ. Historically, these levels often mark potential bottoms. Don't get me wrong, things can always go lower, but this is where you start looking for opportunities.
$BTC is currently holding around $67197, up almost 0.7% today. Volume is down across the board (-37.58% in the last 24hrs) which suggests we havenโt seen a massive flush yet. Iโm watching $68k as a key resistance level. If we break and hold above that, Iโd consider longing with a stop loss around $66k.
$ETH is showing a slight pullback, but still solid. $SOL is one to watch too, it's been showing strength. Keep an eye on those trending coins โ Siren and StakeStone โ but do your research before jumping in! ๐ง
Remember, market cap is up 0.34% today, but we're still a long way from the all-time high. Bitcoin dominance is sitting at 55.61%, showing altcoins have some room to run if $BTC consolidates.
Don't let fear dictate your decisions. Use it to your advantage! ๐
Like & share if you're stacking sats in this dip!
Not financial advice, DYOR
#Bitcoin #Crypto #Altcoins #Trading #FearandGreed