๐ MORNING NEWS 12/04
โข The US and Iran have sent delegations to Islamabad, paving the way for a new round of negotiations to ease tensions.
โข Oil (WTI) is trading around 91 USD โ downward pressure still exists, but is stabilizing after a drop.
โข BTC is currently around 73,050 USD โ continues to move sideways at the peak, with no clear signs of breaking the trend.
โข XAU (Gold) around 4,752 USD โ shows signs of cooling down, but still maintains a high price level, decreasing slowly.
โข The greed & fear index is at 50 (Neutral) โ market sentiment is gradually becoming more FOMO.
โข Notable liquidation zones (BTC):
โข ๐บ Upper zone: 74,369 โ 74,045
โข ๐ป Lower zone: 72,370 โ 71,937
๐ Overview:
BTC is still moving sideways at the top of the uptrend, with no clear direction yet. Gold is cooling down but has not broken the trend. Oil is temporarily stabilizing after a strong drop โ the overall market is in a state of rest โ accumulation โ waiting for new information.
โข The US and Iran have sent delegations to Islamabad, paving the way for a new round of negotiations to ease tensions.
โข Oil (WTI) is trading around 91 USD โ downward pressure still exists, but is stabilizing after a drop.
โข BTC is currently around 73,050 USD โ continues to move sideways at the peak, with no clear signs of breaking the trend.
โข XAU (Gold) around 4,752 USD โ shows signs of cooling down, but still maintains a high price level, decreasing slowly.
โข The greed & fear index is at 50 (Neutral) โ market sentiment is gradually becoming more FOMO.
โข Notable liquidation zones (BTC):
โข ๐บ Upper zone: 74,369 โ 74,045
โข ๐ป Lower zone: 72,370 โ 71,937
๐ Overview:
BTC is still moving sideways at the top of the uptrend, with no clear direction yet. Gold is cooling down but has not broken the trend. Oil is temporarily stabilizing after a strong drop โ the overall market is in a state of rest โ accumulation โ waiting for new information.