Fear Index 17, Extreme Fear.



Others are afraid, I am greedy? That sounds cliché, but the data tells me it's really time to act.

$62,889, many people are afraid to look at this level, thinking it will fall further. But have you ever thought—ETF fund inflows are flat, rate hike expectations are at 86%, and the entire network has liquidated 558 million, all the bad news is already on the table, how much worse can it get?

What does a Fear Index of 17 mean? In historical data, extreme fear is often a phase of the bottom, not the top. The real top is when the Greed Index surges above 80, and even market grandmas are discussing it. Now? Almost no one is talking in the group.

My logic is simple:

· Sentiment has been extremely compressed, extremes will reverse
· The 62,000-63,000 range has dense chip support
· Once the bears are exhausted, the rebound strength won't be small

Good chips are picked up when no one is paying attention, not chased when everyone is shouting. $BTC
BTC-0.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments