U.S. stocks rebounded, but BTC didn’t follow.
Yesterday, BTC briefly fell below $75,000 intraday,
with a low near $74,900—
its lowest level since August 21.
Interestingly,
U.S. stocks had already started recovering,
while BTC kept sliding.
This divergence is more worth thinking about than the drop itself.
The Fear & Greed Index fell to 25 today,
officially entering the Extreme Fear zone.
Yesterday, it was still at 32.
The ETF picture isn’t looking good either:
net outflows of around $430 million in a single day,
led by withdrawals from Fidelity and BlackRock.
Derivatives markets saw over $1 billion in liquidations in a single day,
and futures open interest fell back to around $52 billion.
The price is now hovering around $75,900.
The 24-hour range is $74,900 to $76,300.
At the $75,000 level,
if it holds, it’s support; if it doesn’t, that’s the next step down.
Honestly,
at times like this, what tests people most isn’t their judgment—
it’s the urge to act.
The more fear there is everywhere, the more people want to buy the dip.
And the more you want to buy the dip, the easier it is to catch a falling knife.
My view is simple:
Extreme fear has never been a buy signal.
It only tells you
that market sentiment is really bad right now—
so bad that even the rebound isn’t getting any follow-through.
Are you sitting on the sidelines with no positions,
or have you already started buying in batches?
Let’s talk in the comments.
$BTC $ETH
#市场观察 #比特币 #Fear & Greed Index
This is not investment advice. DYOR. Trading involves risk.
Yesterday, BTC briefly fell below $75,000 intraday,
with a low near $74,900—
its lowest level since August 21.
Interestingly,
U.S. stocks had already started recovering,
while BTC kept sliding.
This divergence is more worth thinking about than the drop itself.
The Fear & Greed Index fell to 25 today,
officially entering the Extreme Fear zone.
Yesterday, it was still at 32.
The ETF picture isn’t looking good either:
net outflows of around $430 million in a single day,
led by withdrawals from Fidelity and BlackRock.
Derivatives markets saw over $1 billion in liquidations in a single day,
and futures open interest fell back to around $52 billion.
The price is now hovering around $75,900.
The 24-hour range is $74,900 to $76,300.
At the $75,000 level,
if it holds, it’s support; if it doesn’t, that’s the next step down.
Honestly,
at times like this, what tests people most isn’t their judgment—
it’s the urge to act.
The more fear there is everywhere, the more people want to buy the dip.
And the more you want to buy the dip, the easier it is to catch a falling knife.
My view is simple:
Extreme fear has never been a buy signal.
It only tells you
that market sentiment is really bad right now—
so bad that even the rebound isn’t getting any follow-through.
Are you sitting on the sidelines with no positions,
or have you already started buying in batches?
Let’s talk in the comments.
$BTC $ETH
#市场观察 #比特币 #Fear & Greed Index
This is not investment advice. DYOR. Trading involves risk.