$SHAZ Within 24 hours, it crashed 21%. The intraday low of 44.84 was smashed through, and among the $4.5M trading volume, how many forced-liquidation screams are hidden.

Current Crypto Fear & Greed Index: 14 (Extreme Fear), funding rate: -0.05% as shorts keep adding positions. A comparison of historical extremes for these two metrics: over the past 90 days, $SHAZ had only 3 instances of fear/greed below 15, and after each time the market rebounded by an average of 12% within 24 hours; the funding rate -0.05% last appeared three weeks ago—back then, the price fell from 52 to 42, but it returned to 58 three days later. Extreme market sentiment itself is a reversal signal.
The market now looks like a herd of panicked sheep. Shorts are smashing huge positions near the 44.84 low, but 44.84 has already become support three times in a row—each time after breaking below, it gets pulled back within 1 hour. If you didn’t sell at 59.12, cutting losses now is basically handing chips to the shorts at the floor price.
My indicator set shows: the sentiment turning point = the best entry. The 44-45 range is a strong support zone. I will place a long order around 45.5, with a stop-loss at 43.5 (below the previous low 44.84, in case it breaks). First target: 48.5 (5-day moving average pressure). Second target: 52.3 (a 50% pullback from the 24-hour high). Position sizing is capped at 15% of total capital, because the price is still in a downtrend channel, but extreme fear is often when the main players collect and conceal.
Now a poll: do you think $SHAZ will break 42 or rebound back to 52? Vote in the comments, and we’ll see the result after 24 hours. I share 3 times per week in the flying car community these kinds of turning-point signals. If you like data-validated trading, you can check my profile. Remember: when the funding rate flips from short-to-long, that’s the day shorts close and push the price up.