Extreme Fear Is Back!

CRYPTO CRASH IS OVER ?
https://youtu.be/ab6gOonaus4

All eyes on the weekly close.

11 hours remaining.

Weekly close looks good. BTC must hold this level and breakdown below this trendline could lead to a much weaker market structure.

Important data is about to be released soon.

Bitcoin

Ethereum 📊

Over the last few days, Bitcoin has been hovering around the $60K range. Also, keep in mind that funding rates are turning positive, which means more long positions are being opened in the market. If you’re trading futures, be cautious, bcz market is unlikely to make a strong recovery before these longs get liquidated..

All eyes are on today’s U.S.–Iran peace deal update.

Trump hinted yesterday that peace deal could be announced today. If confirmed, it could be positive for global markets and crypto.

Let’s see what happens. 👀