The total crypto market capitalization climbed back toward $2.37 trillion, up more than 2% on the day. Despite the rebound, sentiment indicators still sit in “Extreme Fear” territory, suggesting positioning had been heavily defensive before the move.
Bitcoin now faces a critical test near the $69,000 level. Holding above $66,360 is seen as important for maintaining short-term structure.$BTC
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The total crypto market capitalization climbed back toward $2.37 trillion, up more than 2% on the day. Despite the rebound, sentiment indicators still sit in “Extreme Fear” territory, suggesting positioning had been heavily defensive before the move.
Bitcoin now faces a critical test near the $69,000 level. Holding above $66,360 is seen as important for maintaining short-term structure.$BTC