BTC hovering around $67,000 Fear & Greed Index: 12 (Extreme Fear) Here’s an interesting contradiction: Price is dropping, but 65% of contract positions are long (Binance Futures) Historically, this kind of 'buying more as it drops' structure is often not the bottom— It’s driven by FOMO (fear of missing out), not by rational judgment. ──────────── Technical analysis: $70,000 is the first resistance above. $60,000 is the first real support below. If 70K isn’t reclaimed, new lows are on the table—it’s just a matter of time. ──────────── Macro perspective shows no fundamental improvement: Brent crude oil at $141, Hormuz Strait blockade unresolved. Oman is negotiating a 'traffic monitoring agreement' with Iran— It’s not lifting the blockade, just keeping the door open for talks. ──────────── Not telling you to run, not telling you to add positions either. Just a reminder: In a market where 65% are going long, going long isn’t bravery—it’s overcrowding. Key focus today: 8:30 PM Non-Farm Payroll data Bitcoin