Today’s market looks scary 😨
But the thing worth thinking about most isn’t how much it fell
It’s who didn’t fall along with it
The Fear and Greed Index plunged back to 32 in a single day
Back in fear territory
Yesterday, sentiment had recovered to 50, neutral
Today, one bearish candle wiped it all out
When prices rise, people pretend to be rational
When they fall, the panic is real
$BTC wiped out all of Wednesday’s gains in a single day
Closed at $75,810, down 5.84%
Over $1.2 billion liquidated in 24 hours, 90% of it longs
Those who chased the rally yesterday are paying for it today
But it’s on days like this that divergence shows up
$INJ rose 3.74% against the trend
Up for the third day in a row
The whole market is falling, but it just won’t follow
$XRP fell 7.75%, closing at $1.21
Its low was just one cent above the October 30 low
If it holds near that previous low, we have a double bottom
If it breaks, a new leg down begins
I’m increasingly convinced
On a day of a sharp sell-off, there’s no need to fret over the broader market
Just watch for divergence
Who’s holding firm amid a broad sell-off
Who’s hovering near previous lows
Those are the stocks that will move first in the next rebound
Of course, tonight’s nonfarm payrolls report hasn’t come out yet—it’s due at 21:30
Once the data is released, sentiment could swing again
I’m not rushing to draw conclusions before tonight
How are the stocks you’re holding doing today—falling along with the market, or holding firm?
$BTC $INJ $XRP
#市场观察 #恐惧贪婪指数 #SectorRotation
Not investment advice. DYOR. Trading involves risk.
But the thing worth thinking about most isn’t how much it fell
It’s who didn’t fall along with it
The Fear and Greed Index plunged back to 32 in a single day
Back in fear territory
Yesterday, sentiment had recovered to 50, neutral
Today, one bearish candle wiped it all out
When prices rise, people pretend to be rational
When they fall, the panic is real
$BTC wiped out all of Wednesday’s gains in a single day
Closed at $75,810, down 5.84%
Over $1.2 billion liquidated in 24 hours, 90% of it longs
Those who chased the rally yesterday are paying for it today
But it’s on days like this that divergence shows up
$INJ rose 3.74% against the trend
Up for the third day in a row
The whole market is falling, but it just won’t follow
$XRP fell 7.75%, closing at $1.21
Its low was just one cent above the October 30 low
If it holds near that previous low, we have a double bottom
If it breaks, a new leg down begins
I’m increasingly convinced
On a day of a sharp sell-off, there’s no need to fret over the broader market
Just watch for divergence
Who’s holding firm amid a broad sell-off
Who’s hovering near previous lows
Those are the stocks that will move first in the next rebound
Of course, tonight’s nonfarm payrolls report hasn’t come out yet—it’s due at 21:30
Once the data is released, sentiment could swing again
I’m not rushing to draw conclusions before tonight
How are the stocks you’re holding doing today—falling along with the market, or holding firm?
$BTC $INJ $XRP
#市场观察 #恐惧贪婪指数 #SectorRotation
Not investment advice. DYOR. Trading involves risk.