Good evening, fam! How are your accounts holding up today? Let’s be fair: this sell-off has been brutal 😮💨
📉 BTC fell below $67,000, hitting a 12-week low, with over $1.6 billion in liquidations across the market
📉 ETH fell below $2,000, down 21.4% over the past 4 weeks—doing even worse than BTC
😨 The Fear & Greed Index dropped to 20, “Extreme Fear,” down from 62 a month ago
The data isn’t looking great either: Spot BTC ETFs saw $2.35 billion in net outflows over two weeks, with BlackRock’s IBIT bleeding for 11 consecutive days; Strategy’s unrealized losses widened to $7.7 billion; an address linked to the Ethereum Foundation has sold 7,785 ETH since 10/26; and pump.fun has sold a cumulative 5.62 million SOL.
But here’s one detail worth noting: BTC mining difficulty fell by 9.13% this adjustment, the biggest drop since June; and when the Fear Index enters extreme territory, it has historically often coincided with a short-term bottom.
So here’s the million-dollar question 👇
At these levels, are you on Team “Cut losses and stay safe” or Team “Buy more as it drops”?
Let’s talk in the comments—did you hold up this week? 🍵
NFA | DYOR
#比特币 #以太坊 #ETF #极端恐惧 #MarketSentiment
📉 BTC fell below $67,000, hitting a 12-week low, with over $1.6 billion in liquidations across the market
📉 ETH fell below $2,000, down 21.4% over the past 4 weeks—doing even worse than BTC
😨 The Fear & Greed Index dropped to 20, “Extreme Fear,” down from 62 a month ago
The data isn’t looking great either: Spot BTC ETFs saw $2.35 billion in net outflows over two weeks, with BlackRock’s IBIT bleeding for 11 consecutive days; Strategy’s unrealized losses widened to $7.7 billion; an address linked to the Ethereum Foundation has sold 7,785 ETH since 10/26; and pump.fun has sold a cumulative 5.62 million SOL.
But here’s one detail worth noting: BTC mining difficulty fell by 9.13% this adjustment, the biggest drop since June; and when the Fear Index enters extreme territory, it has historically often coincided with a short-term bottom.
So here’s the million-dollar question 👇
At these levels, are you on Team “Cut losses and stay safe” or Team “Buy more as it drops”?
Let’s talk in the comments—did you hold up this week? 🍵
NFA | DYOR
#比特币 #以太坊 #ETF #极端恐惧 #MarketSentiment