Market sentiment remains cautious with Bitcoin fluctuating around $69,64K. Major cryptocurrencies experienced a correction after hitting peaks during Asian trading sessions overnight, while negative trader sentiment continues to persist. Despite the pessimism with 50% bearish sentiment, BTC maintains its position above key support levels. Uncertainty continues to influence investor decisions, but on-chain metrics suggest that extreme sentiment could present opportunities for traders who closely monitor these market movements.
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Market sentiment remains cautious with Bitcoin fluctuating around $69,64K. Major cryptocurrencies experienced a correction after hitting peaks during Asian trading sessions overnight, while negative trader sentiment continues to persist. Despite the pessimism with 50% bearish sentiment, BTC maintains its position above key support levels. Uncertainty continues to influence investor decisions, but on-chain metrics suggest that extreme sentiment could present opportunities for traders who closely monitor these market movements.