BTC's been stuck in this choppy range for 4 days now. Honestly? Trading it right now is just asking to lose money. Better move is waiting for the weekly candle to close, then reassess. This price action is absolutely frustrating.

The fear and greed index has dropped directly to 9, and the market is as cold as if it has entered an ice cellar. Looking back at past records, instances where the index dropped to single digits are few and far between: the panic during the global pandemic in March 2020, the chain reaction of the Luna crisis followed by the FTX collapse in mid-2022, and the complete failure of interest rate cut expectations in March 2025. Every time it gets so bloody that it’s hard to watch the market, but in hindsight, those positions often turn out to be stage low points. Currently, the MVRV Z-Score is hovering around 1.7, and from an on-chain data perspective, this position indeed shows no signs of excessive bubble. What price level will Bitcoin reach next? The panic signals given by the market are already quite obvious.

BTC & ETH bleeding… but look at the real story. While majors pull back, $ZEC and $STRK are holding strength like nothing happened. This market is quietly rotating into the ones showing resilience. Strong coins stay strong in red days. 📊🔥