If this level breaks, price could quickly move toward $70K because there’s not much support below. Fear & Greed Index just dropped to 25 - extreme fear. ETF outflows reached $648M. Short-term holders are selling.Options traders are buying downside protection. Right now, the whole market is scared. But sometimes markets stop falling not because buyers return - but because sellers run out. Watch the $77K level closely tonight. Shared in collab via @coinexcreators program #CoinEx
#BTC is holding around $77K right now.
If this level breaks, price could quickly move toward $70K because there’s not much support below.
Fear & Greed Index just dropped to 25 - extreme fear.
ETF outflows reached $648M.
Short-term holders are selling.Options traders are buying downside protection.
Right now, the whole market is scared.
But sometimes markets stop falling not because buyers return - but because sellers run out.
Watch the $77K level closely tonight.
Shared in collab via @coinexcreators program
#CoinEx