😱 FEAR INDEX AT 11: TOTAL PANIC OR THE OPPORTUNITY OF YOUR LIFE?
It's 10:15 AM and the market sentiment has just plummeted. The Crypto Fear & Greed Index has dropped to 11, down from 16 yesterday. We are at "extreme panic" levels not seen in months.
Why is everyone scared?
Unemployment at 4.6%: The U.S. data has triggered recession alarms.
Mass liquidations: The price of Bitcoin has struggled to stay above $86,000, taking leveraged traders out of the game.
Uncertainty in Japan: Rumors about the Bank of Japan's movements continue to pressure risk assets.
Warren Buffett's Golden Rule:
"Be fearful when others are greedy and be greedy when others are fearful."
Historical Data: When the index touches levels close to 10, most retail investors sell out of fear, but Whales take the opportunity to accumulate at a discount.
BTC at $86,727: The price is holding up better than the fear index suggests, indicating a possible bullish divergence.
📢 Question: Are you selling out of fear that it will drop further, or are you preparing your buy orders taking advantage of the index being at 11?
#fearandgreed #BTC #CryptoSentiment #trading #BuyTheDip $BTC
