🆘Small coins lead the way for Bitcoin📈
Last night, the cryptocurrency market showed a trend where small coins led the gains for Bitcoin. The reasons are as follows: The sentiment for small coins in the market has dropped to a freezing point over the past two days, while during the same period, Bitcoin's fear and greed index remains at 70.
The pessimistic stance of small coins can be compared to August 5 and July 4, and under such extreme pessimism, the deleveraging of small coins has essentially been completed, leaving very limited room for decline. Just as the fear and greed index for the US stock market fell to the level of August 5 last Friday, it is also difficult to continue declining. Market trends often go against consistent expectations.
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