BITPRISMIA
Bitcoin's price has dropped below the significant $121,000 mark, trading at $120,995.82, prompting analysis of the causes and implications for investors.
The article discusses the significance of crypto perpetual futures liquidation in revealing market trends and volatility, emphasizing its impact on major cryptocurrencies like Bitcoin and Ethereum.
The Bitcoin long-short ratio is a crucial market indicator that compares the volume of long and short positions in perpetual futures, providing insights into trader sentiment and potential market trends.
The Crypto Fear & Greed Index, currently at 73, indicates a 'Greed' zone in the market, reflecting strong investor sentiment but also potential over-optimism, requiring careful strategy and analysis.
The Crypto Fear & Greed Index measures market sentiment in the cryptocurrency space, currently indicating a 'Greed' zone at 66, suggesting investor optimism but also potential risks of overvaluation.