Fear index drops (29 ➝ 26) and asset pullback

The current fear index has dropped to 26, close to the edge of 'extreme fear.' Market funds have become conservative, leading to BTC prices retreating from the morning's high, a phenomenon known as 'washout of floating capital' in a bull market. When retail investors feel fear and sell off, it is usually the main institutions that are in the accumulation phase. For long-term holders (HODLers), the lower the index (fear), the safer the area. $BTC

BTC
BTC
88,332.47
-2.30%