🚀 As the week begins, the market stands at a crossroads:
Are we witnessing a strong upward surge 🌿 towards new highs?
Or will it be a sudden downward reversal 🔻 that brings us back to test the supports?
📈 The fear and greed index today = 57 (Neutral)
🔹 Last week: 59
🔹 Last month: 70 (Greed)
🔹 Last year: 44 (Fear)
✅ This means that the market is in a state of anticipation, neither severe fear nor excessive greed.
💰 The total market value has risen by +1.19% → a positive signal 🌱
📉 But trading volume has decreased by -29.5% → a signal that traders are waiting for a big move before entering strongly 👀
✨ Interpretation:
If trading volume suddenly rises while Bitcoin stays above $118,000 → 🚀 a new upward wave might launch towards $124,000 and then $130,000.
But if it fails to maintain the support at $118,000 and breaks down towards $115,000 - $112,000 → 🔻 we may witness a deeper reversal and correction down to $108,000.
🔮 Predictions for Monday, August 18:
📊 The market will begin with sideways fluctuations in the morning, but as evening approaches, a signal for a major launch may appear:
Either a strong rise led by new liquidity injection 💎
Or a corrective drop that rearranges the cards ⚔️
⚔️ Wisdom:
"The market does not forgive the hesitant... those who read the signal clearly reap the rewards" ✨
💡 Summary:
🔸 Monday = the beginning of a new trend
🔸 All eyes on Bitcoin and trading volume
🔸 From here, the outlines of the whole week are drawn 🌍
🚀 Will you be with the upward wave or will you avoid the downward wave? The decision is yours 👀
🔥✨
#REVABinanceTGE #DeFiGetsGraded #BitcoinReserveDeadline #Binance
