#TrumpDeadlineOnIran
🚨 A strange and crazy paradox is currently witnessing the crypto market! 🤯
Bitcoin is holding strong at levels of 68,400$ 🟢, but at the same time, the fear and greed index is hitting terrifying levels (11 - extreme fear) 🔴!
How do we explain this contradiction? Here’s what’s happening behind the scenes in 3 points: 👇
1️⃣ Panic of geopolitical tensions: Fears of escalation regarding the Strait of Hormuz are driving individuals to flee liquidity towards safe havens like gold and silver.
2️⃣ Institutions to the rescue: So why hasn’t the market collapsed? Because institutional ETFs are taking advantage of this fear and buying quietly, absorbing the selling shock and acting as an anchor to prevent a drop.
3️⃣ "Short" massacre: News volatility surprised the short sellers, leading to the liquidation of more than 184 million dollars in just 24 hours!
💡 In summary: We are facing a historic "tug of war" between individual panic (selling) and institutional accumulation (buying). The market is standing on a hot plate, and any upcoming political news will be the spark that ignites prices! ⚡️
Keep an eye on the news and stay away from high leverage. ⚠️
🚨 A strange and crazy paradox is currently witnessing the crypto market! 🤯
Bitcoin is holding strong at levels of 68,400$ 🟢, but at the same time, the fear and greed index is hitting terrifying levels (11 - extreme fear) 🔴!
How do we explain this contradiction? Here’s what’s happening behind the scenes in 3 points: 👇
1️⃣ Panic of geopolitical tensions: Fears of escalation regarding the Strait of Hormuz are driving individuals to flee liquidity towards safe havens like gold and silver.
2️⃣ Institutions to the rescue: So why hasn’t the market collapsed? Because institutional ETFs are taking advantage of this fear and buying quietly, absorbing the selling shock and acting as an anchor to prevent a drop.
3️⃣ "Short" massacre: News volatility surprised the short sellers, leading to the liquidation of more than 184 million dollars in just 24 hours!
💡 In summary: We are facing a historic "tug of war" between individual panic (selling) and institutional accumulation (buying). The market is standing on a hot plate, and any upcoming political news will be the spark that ignites prices! ⚡️
Keep an eye on the news and stay away from high leverage. ⚠️