The total crypto market cap has dropped to $2.30T (-3.06%), showing clear bearish pressure across the market. š
š Key Insights:
Market failed to hold above $2.37T resistance ā strong rejection observed
Continuous lower highs = short-term downtrend confirmed
Sharp drop near the end signals panic selling / stop-loss hunting
š” Sentiment Check: Fear & Greed Index at 24 (Extreme Fear) šØ
ā This is where smart money starts watching closely
š„ BTC & ETH Snapshot:
BTC holding around $66K (still relatively strong)
ETH near $1.9K, showing weakness vs BTC
ā” Whatās Next?
If $2.30T breaks ā next support around $2.25T
Bounce from here = possible relief rally
No confirmation of reversal yet ā
š Conclusion: Market is in a cooling phase, not a crash.
Opportunities are forming ā but patience is key.