The market is declining, as confirmed by the red heat map and indices.#BTCprice fell -3.46% to $54,444.50, while#ETHlost -4.15% to $2,279.25.#BNBalso fell -2.48% to $493.45.
📊 Top 100 cryptocurrencies:
#TON shows the biggest decline, losing -6.09%.
#Doge surprisingly gained +4.83%, showing positive dynamics amid the market decline.
📉 Technical indicators:
The Fear and Greed Index is at 23, indicating extreme fear among investors. This could mean less buying activity in the near future.
RSI (Relative Strength Index) is at 40.51, indicating weakness in the market. Many assets are in oversold territory.
💡 Conclusion: 😱 The market is in a state of extreme fear, indicating a possible further decline in prices. In such a situation, it is recommended to exercise caution when trading and consider an exit strategy for risky positions. 📉 Support at $54,000 for#BTCcould be a key area to watch.
$BNB BNB #CryptoNews $BTC BTC $ETH E #Криптовалюты ✈️ Individual Consultation on Cryptocurrency Trading 👍 ➡️ @INVESTIDEAUA
