• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Domestic News: 1. my countrys digital industry revenue exceeded 39 trillion yuan in 2025. 2. VC prices surged over 40% in just over a month, with manufacturers limiting supply. 3. The State Flood Control and Drought Relief Headquarters activated a Level III emergency response for flood and typhoon prevention in Guangdong. 4. Liu Liehong visited Shanghai to investigate the market-oriented allocation reform of data elements. 5. Dalian pioneered interest subsidies for second-home provident fund loans; nearly 90 cities will issue housing subsidies this year. 6. The State Administration for Market Regulation penalized Ctrip Group for monopolistic practices; Ctrip announced 19 rectification measures. International News: 1. The US Starship spacecraft achieved some objectives during its 13th test flight. 2. Russia extended its gasoline export ban until the end of 2026. 3. South Korea reached a $950 billion cooperation agreement with a global tech giant. 4. Middle East Situation—① Iranian official: The Haoshan facility is "currently empty." ② Saudi Arabia confirmed that the multinational coalition is striking the Houthi rebels in Yemen. ③ After 13 consecutive nights of strikes against Iran, the US military has not announced any further airstrikes against Iran. ④ The US and UK plan to hold a meeting on the Strait of Hormuz issue and promote the formation of a Hormuz escort coalition. ⑤ The Houthi rebels claimed to have attacked Saudi Arabia twice in one day, targeting "sensitive targets" of Saudi Aramco in Jizan and Yanbu. ⑥ Qatars Ministry of Transport announced that all types of maritime transport and shipping activities will fully resume from July 26th.Two Brazilian sources say the United States plans to send an envoy to influence Brazil’s October presidential election.Qatars Ministry of Transport: Starting July 26, all types of maritime transport and ship navigation activities will fully resume.Interfax news agency quoted the Russian deputy prime minister as saying that the ban on Russian gasoline exports will be extended until the end of this year, and the ban will be lifted "after the market recovers".The Russian-appointed governor said the death toll from the attack on a holiday camp in the Russian-controlled Zaporizhia region of Ukraine has risen to 11, including four children.

BTC Fear & Greed Index Falls Deeper into the Extreme Fear Zone

Lorna Divakar

Sep 27, 2022 16:20

微信截图_20220927094149.png


Bitcoin (BTC) increased by 2.22% on Monday. BTC finished the day at $19,235, reversing a 0.62% loss from the previous day. BTC completed the day at $19,000 for the first time in three sessions, while it dropped short of $20,000 for the eighth session in a row.


BTC experienced a negative morning, falling to a mid-morning low of $18,694 before changing direction. BTC soared to a late high of $19,333 before easing back, avoiding the First Major Support Level (S1) at $18,579 in the process. To close the day at $19,235, BTC crossed over the First Major Resistance Level (R1) at $19,121.


The crypto news wires were silent once again because there were no relevant crypto happenings. Despite the absence of direction, BTC and the larger market kept separating from the NASDAQ 100. While the market capitalization of cryptocurrencies grew by 1.94% ($17.2 billion) on Monday, the NASDAQ 100 dipped by 0.60%.


Dollar dominance and increased market volatility have probably had a role in the rise in demand for crypto assets. The NASDAQ 100 Mini was up 78.75 points this morning.

The Bitcoin Fear & Greed Index Remains Above 20/100

The Fear & Greed Index decreased from 21 to 20 today. Despite having a positive session and finishing the day at $19,000 for the first time in three sessions, BTC fell.


The anxiety of investors regarding the Fed and the economy is undoubtedly a factor in today's loss, and riskier assets other than cryptocurrencies continue to have an impact on investor mood. The Index did not fall below 20, though, indicating investor resiliency. For the Index to challenge BTC at $25,000, an upward trend would be necessary.


Avoiding sub-20/100 has been the objective in recent weeks. The bears will be looking for a drop to below $20/100 to indicate a BTC decline to below $18,000. The bulls, on the other hand, are anticipating a surge toward $25,000 supported by an Index rebound to 40/100.