Fear Index 10! BTC's 'Darkest Hour' is the Choice of the Rational
When the Fear and Greed Index drops to the freezing point of 10, the cryptocurrency world is experiencing the most piercing emotional winter since March 2020 — BTC has fallen below the $100,000 — $90,000 mark, and as of the writing, it is quoted in the range of $86,000. Record net outflows from ETFs and news of medium-sized whales selling have intensified market anxiety, while retail investors are 'cutting losses' intertwined with negative sentiments on social media, as if darkness has consumed all light.
However, extreme fear has never been the end, but rather the prelude to asset transfer. On-chain data has long revealed the truth: as weak holders flee in panic, large strategic entities and institutional whales are increasing their holdings against the trend. Michael Saylor's company has decisively increased its position by 487 BTC, voting with real money. History does not repeat itself but always rhymes; after the past Fear Index drops to the freezing point, BTC often welcomes significant positive returns within 180 days, just like after the extreme fear in February 2025, the market confirmed the proverb 'be greedy when others are fearful' with a 40% rebound.
K-line fluctuations are merely superficial; the core is the game of human nature. Every fluctuation at this moment is a showdown of faith and emotions; every chip sold in panic is flowing towards more steadfast long-term holders. When the market is engulfed by fear, those who remain rational have already glimpsed the possibility of spring blooming in the freezing point.
