📉 Market Overview

BTC: $88,966

ETH: $2,474

Fear/Greed Index: 21 (Extreme Fear)

BTC.D (Bitcoin Dominance): 61.16%

😍 Hope your deposits are still intact and your portfolios are starting to recover bit by bit.

❕ Despite the panic this drop has caused, it still fits within the bigger picture of a bullish trend. If you check Bitcoin’s monthly chart, you’ll notice how this situation resembles the pre-Trump election period.

📈 Looking at the short-term perspective, it would be interesting to see a move up followed by another leg down. I currently favor an upward scenario since many inexperienced traders have jumped into shorts at the lows, and the market might want to shake them out.

What are you doing right now?

👍 — Going long
🔥 — Shorting
😎 — Waiting