🔻 Is the market bullish or bearish?

The market is bearish today.

Bitcoin has dropped below $100,000.

Most cryptocurrencies like ETH and SOL have recorded significant declines.

Fear and Greed Index

The index is at 40 today = the market is in a state of fear.

People are now afraid of losses and are reducing purchases.

Is it the right time to buy?

Now is not a strong buying time.

It is better to wait until the decline calms down or a strong rebound signal appears.

Advice

Watch the market, do not enter without confirmation.

If the market drops further, it could be a strong buying opportunity from the bottoms.

Sources

Fear and Greed Index

Market news today from Reuters

$BTC

$ETH

$SOL

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