๐ Analyze areas and levels to make trading decisions
The Fear and Greed Index is currently in the neutral zone at 48.
The total market capitalization of cryptocurrencies fell to $2.156 trillion, and the Bitcoin dominance index fell to 54.22.
According to the analysis of the accumulation of large order blocks in the exchange order books, the demand and supply areas are located at the following levels:
๐ข Demand area: 48,000 - 56,000
๐ด Supply area: 70,000 - 80,000
Long position levels:
55,000 - Main support block
52000 - Retest of trend line and EMA 200D trend line
50,000 - psychological support level
Short position levels:
70,000 - Retest of the resistance trend line
75000 - Main resistance block
80,000 - Main resistance block
https://x.com/cryptofndy?t=PJc6HL_w_N0iebNa43hF4Q&s=09
