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From #bearish to #bullish: #crypto trends signal a potential buying opportunity at $27,500 for #Bitcoin and #Ethereum outperformance 🧵🧵
Sub to our TG for the latest: t.me/matrixportupda…
Sub to our TG for the latest: t.me/matrixportupda…
#Crypto #sentiment has cooled off, with our #Bitcoin Greed & Fear Index dropping to 44 (for #Ethereum, 46). Buying half a position at $27,500 could be a good re-entry level, with the possibility of the price dropping to $25,000 for the second half.
The decline in #stablecoin #marketcap suggests money is leaving the ecosystem, with #USDC and #BUSD dropping below $30bn and $6.5bn, respectively. Negative #funding rates for #Binance #BNB could indicate potential negative news.
