Post by Augustine Chiagozie (@pabloexchange)

31 July 2026

↗️ Market Overview

BTC: $64,255

ETH: $1,904

Fear & Greed Index: 25 (Extreme Fear)

BTC Dominance: 59.19%

😎 Another fake push to the upside, a reclaim of the old trendline—and then another leg lower. I don't see any reason to overreact or keep repeating my view on the market. There are still no real catalysts for a sustained rally, and the outlook remains far from encouraging.

🇺🇸 Yesterday's U.S. inflation data came in slightly softer than expected, which triggered a short-term bounce. The problem is that inflation is still well above the level the Fed is comfortable with. Until that changes, a continuation of the downtrend remains the most likely scenario.

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