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TechFlow, on September 10, Matrixport noted in its latest report that Bitcoin's 5% rebound over the past 24 hours validated the effectiveness of the Greed and Fear Index reaching a low point. The price bounced back at the lower boundary of the downward channel, aligning with traders' expectations. The current market is primarily driven by technical momentum, reacting to these signals until new fundamental factors emerge.
Matrixport noted in its latest report that Bitcoin's 5% rebound over the past 24 hours validated the effectiveness of the Greed and Fear Index reaching a low point. Bitcoin's price bounced back at the lower boundary of its downward channel, aligning with traders' expectations. The market is currently driven primarily by technical momentum, reacting to these signals until new fundamental factors emerge.
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