The panic index has stayed at 28 for a week, yet over the past few days, the mainstream coins have instead been gradually reclaiming lost ground. Prices haven’t crashed, but sentiment hasn’t improved either for a long time—this kind of disconnect is often more wearing than a sudden selloff. Think back to previous trades: most losses actually came from hacking positions in a panic, not from initially getting the direction wrong. Waiting patiently for the volatility to pass is more practical than frequently switching positions.