Post by Augustine Chiagozie (@pabloexchange)
π Market Overview
BTC: $66,610
ETH: $1,941
Fear & Greed Index: 25 (Extreme Fear)
BTC Dominance: 59.35%
π Itβs been quite an interesting day. First, we locked in yet another fakeout to the downside, perfectly tapping the exact line I mentioned yesterday. Right after that, the price broke out of the upper boundary of the higher-timeframe descending channel, clearly hinting to the bulls that a full-scale rally might be starting from here.
π¨ Personally, I'm not buying into this rally just yet, but I have no doubt the market will want to play with our nerves and even attempt to print a confirmation of this breakout. Then, once retail FOMO spikes to the max, they can finally send it down for the ultimate flush.

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