The crypto market has plunged into a state of extreme fear, with the Fear & Greed Index dropping sharply over the past week. Bitcoin struggles near $110,000 amid US-China tensions and massive ETF outflows, while derivatives liquidations exceed $418 million in 24 hours. On-chain data shows significant profit-taking by long-term holders, signaling bearish sentiment. Technical analysis points to a critical turning point for Bitcoin, with possible price volatility ahead. Meanwhile, Ethereum's growth potential gains attention as it may rival Bitcoin’s dominance in the future.
Continue to read Crypto Market Plunges into Extreme Fear Amid Rising Volatility and Profit-Taking
The crypto market has plunged into a state of extreme fear, with the Fear & Greed Index dropping sharply over the past week. Bitcoin struggles near $110,000 amid US-China tensions and massive ETF outflows, while derivatives liquidations exceed $418 million in 24 hours. On-chain data shows significant profit-taking by long-term holders, signaling bearish sentiment. Technical analysis points to a critical turning point for Bitcoin, with possible price volatility ahead. Meanwhile, Ethereum's growth potential gains attention as it may rival Bitcoin’s dominance in the future.
Continue to read Crypto Market Plunges into Extreme Fear Amid Rising Volatility and Profit-Taking
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