The bloodfest continues. More red on the market. The expectation of a higher than expected inflation rate is causing panic. Today's data says: #BTC dominance up 5 points, #Alts losing grip. Social media remains weak in the face of interest in #cryptocurrencies . Monthly #RSI drops to 72.94, 300 billion is escaping into liquidity. There are 2 days left for data that can confirm the bearish hypothesis or a change to a positive trajectory.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The bloodfest continues. More red on the market. The expectation of a higher than expected inflation rate is causing panic. Today's data says: #BTC dominance up 5 points, #Alts losing grip. Social media remains weak in the face of interest in #cryptocurrencies . Monthly #RSI drops to 72.94, 300 billion is escaping into liquidity. There are 2 days left for data that can confirm the bearish hypothesis or a change to a positive trajectory.