Post by Augustine Chiagozie (@pabloexchange)

📉 Market Overview

BTC: $63,519

ETH: $1,886

Fear & Greed Index: 29 (Fear)

BTC Dominance: 59.12%

😁 It’s now clear that the recent rally was a fakeout, and the downtrend is continuing. We’ve already taken out the local low at $63,100, and after any minor relief bounces, I’ll be looking for new short opportunities.

It looks like the ascending channel is now breaking down as expected, and this move could realistically take us to $60K—or even lower.

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