Crypto Market Volatility: Bitcoin Falls, Fear & Greed Index High, and Internet Computer Emerges as Top Gainer

1 min read
Source: Cointelegraph
Crypto Market Volatility: Bitcoin Falls, Fear & Greed Index High, and Internet Computer Emerges as Top Gainer
Photo: Cointelegraph
TL;DR Summary

Bitcoin is experiencing a correction as traders become greedy, but it remains to be seen if this is a buying opportunity or a trend reversal. The S&P 500 index is gradually moving towards overhead resistance at 4,200, forming an ascending triangle pattern that may start a new uptrend with a target objective of 4,909. Ether is facing resistance near the critical overhead level of $2,200, while BNB continued its northward journey and XRP's up-move halted near $0.46. Solana's SOL has been sustaining above the downtrend line since April 11, indicating that the bulls are in no hurry to book profits.

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