Introduction

Hi all, this is Oz. Markets have taken a notable hit today, driven by a wave of liquidations and unsettling news surrounding Deep Seek, creating a ripple of fear among participants. This shift comes as a stark contrast to the recent bullish sentiment that had been dominating the crypto space. Bitcoin, altcoins, and several key metrics have seen sharp corrections, adding to the sense of uncertainty. Despite this, the Bitcoin Fear and Greed Index remains at 71, signalling lingering optimism amidst the turmoil.

In today’s video, I’ll dive deep into the Bitcoin chart, analysing the critical levels . I’ll also explore the others chart, to assess whether this is a mere pullback or the start of a more prolonged downtrend. Additionally, we’ll take a closer look at Bitcoin Dominance (BTC.D), discussing how its movements could provide insights into altcoin strength. As always, I’ll be taking your questions and offering my perspective on this volatile market day, so be sure to stay tuned for a comprehensive update.