💥WHEN FEAR PEAKS, MATH TAKES OVER $BTC

The Mayer Multiple just hit 0.6. $DUSK

That means Bitcoin is trading ~40% below its 200-day moving average. $BANANAS31

This doesn’t happen during normal pullbacks.

It only shows up during full-blown capitulation.

History check

Dec 2018 - bear market bottom

Mar 2020 - COVID crash

Nov 2022 - FTX fallout

Now - same zone

Does it call the exact bottom? No. Does it show where risk flips and panic gets priced in? Yes.

When price is this far below trend, the market is assuming worst-case outcomes.

That’s usually when emotion peaks… and math quietly takes over.

DUSKUSDT

Perp

0.10535

-17.23%

BANANAS31USDT

Perp

0.004398

+8.78%

BTCUSDT

Perp

69,943.6

-1.06%