Post by Augustine Chiagozie (@pabloexchange)

📉 Market Overview

BTC: $64,505

ETH: $1,752

Fear & Greed Index: 20 (Extreme Fear)

BTC Dominance: 58.94%

😎 Well, ladies and gentlemen, as a new week kicks off, we are left with a few crucial questions.

📈 From a technical standpoint — will the newly formed trendline manage to hold the price? Given that we broke and closed below the ascending channel last week, there are serious doubts about the strength of this current trend as well.

❗️ But what’s even more important is, of course, the progress of the US-Iran negotiations in Switzerland. As the saying goes, "the honeymoon didn't last long" — just a couple of days after the truce was announced, reports started leaking into the media that the talks had already hit a dead end.

We’ll see what news comes from the diplomatic front in the coming days. A great deal will depend on this right now.

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