โ€Ž๐Ÿšจ ๐Ÿ“ˆ Market Overview

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โ€ŽBTC: $110,400

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โ€ŽETH: $4,564

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โ€ŽFear/Greed Index: 51 (neutral)

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โ€ŽBTC.D (Bitcoin dominance): 58.01%

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โ€Ž๐Ÿ“Š Sellers continue to put pressure on the market, and weโ€™re still failing to hold above $112K. I believe weโ€™re now headed for a retest below $110K, after which weโ€™ll be able to see which of the scenarios I outlined earlier will play out.

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โ€Žโ—๏ธFor the second week in a row, Friday looks set to be the decisive day for the market. Will August close as a green or red month? Weโ€™ll find out very soon.