$REEF 7pm, ISM data. Market is showing strength Some market price longs opened on binance with big margins but majority of the retail has shorted and is shorting this move.
The drop in dominance usually suggests a good attraction for overall alts, so... news positivity can actually lead to a good enough recvery in alts as well as in btc given the fact everything is exhauseted...
No buys for me unless btc claims 60k with a bigger volume canddle.
Today, Bitcoin (BTC) is experiencing turbulence, currently trading around $59,600. The price has seen a slight decline of about 0.3% in the past 24 hours, reflecting the broader market's volatility. August has been a challenging month for Bitcoin, with a significant drop from recent highs due to ongoing market uncertainties and outflows from major Bitcoin ETFs. However, some analysts remain optimistic, suggesting that a potential rebound could be on the horizon as market conditions stabilisâ„ïž#TON #DOGSONBINANCE #BNBChainMemecoins #DOGSONBINANCE #PowellAtJacksonHole $BTC