The global crypto market is starting to stabilize after a sharp sell-off as Bitcoin tries to settle near $70,000. However, positioning across derivatives and macro markets suggests that traders are far from confident about what comes next. The Fear and Greed index shows that investors are still seeing “Fear” in the market.

VanEck’s data depicts that the 30-day average Bitcoin price has fallen about 19%. This comes in despite the recent correction. Beneath that decline, co