Analysts are confident that the neighborhood market will continue despite serious fears

Analysts Are Confident That The Neighborhood Market Will Continue Despite Serious Fears



Retail fear is at a high level, but experienced traders and analysts do not need to worry.

Crypto fear and greed fell over the weekend, falling below $104,000 and above $104,000 since April.

On Saturday, the “high fear” was recorded from 23 to 29 on Sunday, and it was deep in the “fear” range until 29.

Betfury

This is not a bad announcement if the April race is caused by the US President Donald Trump's tariff announcements. At that time, it was destroyed by about $ 500 from the total market capitalization and cut to $ 76,000.

In the last weekend, the stock market, which drank 900 billion dollars, is the worst in October. Bitcoin is also up 17% from the entire period, but it is down 6% during the attack.

Don't panic yet

Markets have yet to recover from last week's crashes, and the total cap remains at a three-month low of $3.72 trillion. However, the most experienced analysts and traders are not affected by witnessing these types of bull market corrections.

Bitcoin is “amazingly, strong and strong,” he said. Even with this recent fall, there is still no major change in the market structure. But we are a critical area.

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For me, it means taking a step below 100 km. At that time there will be a lot of doubt whether the cycle is done or not. “

The fallout from the “ashes of last week's events” has “speed to go again”.

Analyst “Sykoolic” said that the markets are still hitting the 50-week low of the corresponding vehicles and looking at it as it was last week.

“Most of the sales of terror in the market and everything has improved.

Meanwhile, analyst ‘ETFS is running to sell this cycle for the fourth time the most serious fear has occurred.

“In short, pressure builds up from the bottom. […] The market is primed for a big wave. When the woods are afraid, volatility wins. “

Analyst <ሚስተርሰን> The bull market was not yet complete, it was sure that the $148,000 level was not predictable.

Crypto market overview

In the last 24 hours there has been little change in the secret markets. Bitcoin is running in a very tight range between $106,000 and $107,000 and has failed to break the resistance at $108,000.

On Saturday, the pair bounced back above $3,900 but failed to hold and fell back to $3,850. In the mid-afternoon of autumn, the transplants were filled with very little movement in the traffic in this direction.

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