In the wake of new market slumps, we will analyze the pricing of Bitcoin against the dollar, and Ethereum (ETH).
This week’s tentative rises draw a still weak technical picture, dragging along doubts that we are at the beginning of a new bearish phase.
The price rebound in recent days has been accompanied by low volumes indicating buying to cover downside positions rather than opening new upside positions.
The overall picture is completed by falling volatility after touching, in recent days, values not seen since last mid-June, when the general decline that began in April was completed and with more violent and deeper dynamics.
The Fear & Greed Index has returned to hover just above 20 points, levels that characterized the summer months. Excluding the last week of October and the first week of November, the movement in the range between 20 and 30 points extends over 90 days, the longest period ever.
The TonCoin token (TON) embedded in the popular messaging app Telegram, continue
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