Fear & Greed Index touches 13——the lowest since October 2023. It has been in the Extreme Fear range for 46 consecutive days, surpassing the record after the FTX collapse.

However, Glassnode historical data: when this index falls below 15, buy $BTC , and the median return after 90 days is +38.4%.
Retail investors are cutting losses, while institutions are hoarding. ETF investor retention rate is 83%, and long-term holders' positions show no significant loosening. USD 300M long positions were liquidated within 24 hours, but exchange reserves continue to decline—coins are moving to cold wallets.
Santiment confirms: retail sentiment has dropped to "extreme fear," but historical patterns show that group panic is often a precursor to a rebound.
BTC is currently in the USD 65,000-66,500 range, with liquidity indicators resonating with the altcoin resilience index.
if Fear & Greed rises above 30 for 3 consecutive days then the probability of a technical rebound >70%. Observation window: April 1-5.