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People are very panicked, but large funds are secretly buying.
Key data:
BTC has dropped from the high point $126K to $62K, already halved
ETH has fallen 66%, lingering at low levels
Fear and Greed Index: 14 (Extreme Fear)
Market funds are still concentrating on BTC
But on the other side:
Whales are continuously accumulating between $60K and $61K
Many are shouting "The bear market is over" or "It will crash again"
Market divergence is very large
Short-term issue: geopolitical risks suppress sentiment
ETF funds have not yet shown a clear rebound
Volatility may continue to increase
Retail investors are afraid, large funds are picking up; but the bottom has not been fully confirmed. #btc