Yesterday the Fear and Greed Index was 78; today it’s 37. In just one day, the market went from “I’m going to the moon” to “I’m going to zero” 😵‍💫
Trending searches are still climbing fast: AudaCity, Monad, NEAR, PENGU. I don’t recognize a single one, but that hasn’t stopped them from going up.
Then I look at my watchlist:
$PAXG +0.28% The gold token is quietly climbing; all the safe-haven money has rushed here
$WBTC -0.14% Bitcoin’s stand-in, falling even more honestly than the original
$JUV -2.62% A football club coin— even the fans are shaking their heads
A fear index of 37 means everyone thinks prices are going down, but the gold token says, “I disagree” 🤷
BTC dominance is 60%. The more fearful the market gets, the more appealing BTC looks, while all the other coins gather dust.
Here’s the situation right now:
Market panic → money seeks safety → PAXG goes up → my other coins go down → I panic even more
A perfect feedback loop 🔄
#恐慌指数 #PAXG