Looking at the BTC chart over the past few hours, the price is moving quite sideways right now, oscillating around 77.6K. The interesting thing is that the fear and greed index remains in extreme fear territory (23), so the market is still quite scared.



Bitcoin's dominance remains strong at 57.11%, showing that investors still trust BTC despite the overall fear sentiment. Funding rates are rising, and open interest remains quite high, indicating potential liquidation activity.

Volume is at 497 million over 24 hours, nothing extraordinary. With such low greed levels, price action remains cautious. Personally, I maintain a cautiously optimistic outlook, but we need to watch for any support breaks. The market remains in a state of indecision.
BTC-0,43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin