Good morning!
Today's panic index is 44, still in a state of panic.
No significant favorable news, but the market has slightly rebounded, with Bitcoin pushing up to 85000, and Ethereum currently dropping from 1900 to 1880. Yesterday, I reminded everyone that those who entered at 8.2 and 1800 can hold on a bit longer. Today, we need to see how things unfold; the evening news is expected to bring considerable volatility.
Currently, the funding rates on major CEX and DEX indicate that the crypto market is still in a bearish trend. If there’s a significant drop in the evening, it might be a good opportunity to buy in. 82000-80000-77000-75000.
