🔥 Extreme fear in the market isn't a sign of a crash, but a sign of opportunity, with Market Sentiment at 23/100 and #EthereumRebounds22%FromJuneLow showing a potential turnaround.
📊 This week's dip wiped $800M in leveraged longs, but on-chain data shows long-term holders didn't move a single coin, and with BTC at $65,928 and ETH at $1,797, it's clear that the market is still in a state of #USADPEmploymentChangeSlipsTo25500 uncertainty.
💡 In every bull cycle, shakeouts happen 3-5 times before the real price discovery phase, and with Open Interest at $4.04B for ETH and $6.78B for BTC, it's clear that institutions are still betting on the market, and #NEARRises22.2% is a testament to the strength of the market.
❓ What's your strategy when the market goes red — hold, buy, or wait for confirmation, and will you be taking advantage of the current dip to buy into coins like SOL at $73.8200 or XRP at $1.2273?