When the Fear and Greed Index drops to a low of 29, I always think of Warren Buffett's old saying: "Be fearful when others are greedy, be greedy when others are fearful."

ETH today experienced a slight correction of 0.74% to $2,298, seeming calm on the surface, but subtle changes are happening in the macro environment behind the scenes.
From the recent statements by the Federal Reserve, the expectation of interest rate cuts is weakening, which directly impacts the marginal tightening of global liquidity.
As a risk asset, the crypto market often feels the first wave of capital tide changes during such times.
Interestingly, the perpetual contract funding rate is only -0.0046%, close to neutral, indicating that while market sentiment is fearful, leverage is not extreme.
This state often breeds the possibility of a reversal—when most people are worried, the market tends to find bottom support more easily.
From a broader perspective, the fundamental logic of ETH remains solid.
Institutional demand for RWA tokenization continues to grow, and as the most mature smart contract platform, Ethereum's network value is being re-priced.
The current level of $2,300 might be a good strategic position in this cycle.
The transition of macro cycles is never instantaneous; it requires patience and a broad vision.