Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Deribit Head of Asia-Pacific Business: There has been extreme greed for five consecutive days, we need to pay attention to the trend of the U.S. stock market opening tonight

Deribit Head of Asia-Pacific Business: There has been extreme greed for five consecutive days, we need to pay attention to the trend of the U.S. stock market opening tonight

Bitget2024/11/18 03:52
BTC-0.07%

Deribit's Asia-Pacific business head, Lin Chen, posted on X stating that there has been an extremely greedy state for five consecutive days, with the greed index reaching 90. At this time, the market FOMO sentiment began to rise and the market purchasing power gradually increased. Meanwhile, BTC ETFs also began to experience net interruptions. However, liquidity is insufficient over the weekend so it is necessary to pay attention to tonight's U.S. stock market opening trend. Currently BTC is fluctuating around 90 thousand; if there is a lack of sustained positive support, we cannot rule out the possibility of a short-term correction.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Security Alert: Approximately $90,000 lost on Base chain due to "transferFrom" vulnerability
2
ECB Governing Council Member: ECB Interest Rate Cycle Nears Its End

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,899.45
+0.12%
Ethereum
Ethereum
ETH
$4,673.44
-1.10%
XRP
XRP
XRP
$3.1
-0.40%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$247.63
+2.28%
BNB
BNB
BNB
$941.8
+1.69%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2886
+1.43%
TRON
TRON
TRX
$0.3516
-0.87%
Cardano
Cardano
ADA
$0.9203
-0.82%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter