recap

The fear index dropped from thirty-four last week to twenty-nine, but the major coins haven't really taken a deep dive, only falling two to four percent. To truly hit the bottom, we usually need to see panic selling, but right now it feels like everyone is just waiting for the other to make a move. In this kind of stalemate, the first mover often gets hurt the worst; patience is more important than courage.
#recap

BTC barely moved today, but some altcoins shot up with gains between 20%-46%. Amid extreme fear, short-term traders are jumping into altcoins looking for opportunities, but this kind of rotation typically doesn't last long. If the volume doesn't follow through, it's just a flash in the pan. The real point to watch is whether they can sustain their gains moving forward.
#recap