The cryptocurrency market analysis on December 1 shows that the market has entered a deep adjustment. The current price of Bitcoin is $87,870.4, with a support level at $87,644.1 and a resistance level at $91,962.8. The Fear and Greed Index is at 24 (extreme fear), indicating that market sentiment is leaning towards pessimism. In terms of alts, BLADE has increased by +31.35%, and FIL5S has risen by +29.58%, showing that capital is beginning to rotate toward high-risk assets.
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The cryptocurrency market analysis on December 1 shows that the market has entered a deep adjustment. The current price of Bitcoin is $87,870.4, with a support level at $87,644.1 and a resistance level at $91,962.8. The Fear and Greed Index is at 24 (extreme fear), indicating that market sentiment is leaning towards pessimism. In terms of alts, BLADE has increased by +31.35%, and FIL5S has risen by +29.58%, showing that capital is beginning to rotate toward high-risk assets.
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