Post by Augustine Chiagozie (@pabloexchange)

📉 Market Overview

BTC: $64,135

ETH: $1,858

Fear & Greed Index: 29 (Fear)

BTC Dominance: 59.09%

😁 Monday kicks off with some critical questions for the market once again. First off, we are testing the lower boundaries of the channel yet again. Keeping in mind how both previous attempts ended, we should definitely mark those fakeouts with a distinct line on the chart—there is clear buyer interest there.

❗️ However, what’s happening overhead is just as crucial. The price is getting squeezed by another, higher-timeframe trendline. Naturally, the crowd sees this line just as clearly as we do, meaning the price action around it is bound to offer us plenty of interesting trading setups.

📉 Market Overview BTC: $64,135 ETH: $1,858 Fear & Greed Index: 29 (Fear) BTC Dominance: 59.09%...

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