The fear index is still hovering at 29 today, and market sentiment remains in the "fear" zone.
This number is not unfamiliar to us, especially in a volatile market, where it often persists like a background noise.
But what is truly important is not the index itself, but how we perceive it.
For friends who are used to chasing gains and cutting losses, the word "fear" may imply danger and unease.
However, for those who have been waiting on the sidelines, trading with spare cash, and strictly adhering to position discipline, a continuously low fear index often indicates that the market is gradually squeezing out the bubble, laying the foundation for the next stage of the market.
Looking back at historical data, when fear becomes the norm and greed temporarily retreats, it often signals that quality assets are entering the value zone.
Of course, this does not mean that prices will rise immediately; the market may require a longer period of consolidation and rebuilding of confidence.
At present, compared to being led by emotions, it is more important to return to the rules we have always emphasized: maintain patience, do not easily go all in; allocate in batches, do not go all-in on one direction; strictly execute stop-losses, and do not let any trade threaten your principal.
Market trends always germinate in despair and develop in hesitation.
When most people stop in their tracks due to "fear," those who act according to plan and maintain emotional stability are already quietly preparing for the next phase.
The market will not be in a state of fear forever, but your discipline must always be present.