Turnaround close? Extreme fear has peaked 🧭
Today, the "Fear and Greed Index" has dropped to 12 points.
According to CoinMarketCap, such values have historically preceded significant market rebounds.
Experienced traders note that the current situation looks like a final cleansing of the market from weak hands before the start of a new cycle.
As reported by Investing.com, social media is overflowing with pessimism, which is often a "contrarian indicator" for large capital.
ForkLog reminds us: when total disbelief reigns in the market, the best entry opportunities usually arise.
The current situation is a test of patience. Those who can refrain from emotional selling at the very bottom typically receive the greatest rewards upon recovery.
Subscribe to
#MiningUpdates to stay updated on market sentiments and not succumb to panic! 🧘♂️📈
🗳️ Poll:
What is your strategy at the Fear Index of 12 points?
🛒 Buying everything — the bottom is already close!
🧘 Calmly holding what I have (HODL).
📉 Waiting for even lower prices to start buying.
❌ Closed all positions, will return later.