【Copy or not? When BTC drops this far, what are the big players doing?】
To put it bluntly, the whole market is filled with an air of “it’s over, it’s over.”
The Fear & Greed Index is 18—extreme fear. Your朋友圈 and group chats are all cries of distress. Newcomers are panicking, and old hands are just staring at each other. The price is down almost half from the highs—how scary is that, right?
But I want to pour some cold water—are things really that terrifying?
Take a close look: over the past 24 hours, it barely moved. In the last 7 days, it only fell by a bit more than 6%. What is that? That’s base-building. Not a waterfall-style crash, but a dull knife slowly cutting you down—step by step. This kind of trend usually means the sell pressure isn’t that fierce, and the bears are hesitating.
And think about this too: the weekly fear index is only 16. Now it’s 18—slightly higher, but still. Emotions are basically at the floor. Those who were going to run already ran; what’s left is either pretending nothing’s happening or holding on for dear life.
The most critical point—trading volume. It’s pitifully low. Nobody’s buying, and nobody’s selling. In a situation like this, who’s secretly building positions?
The whales.
You think it’s retail traders catching falling knives? Come on. At times like these, when fear is at its peak, what are the smart funds doing? They’re picking up the bloody chips. When retail has sold off enough, they’ve eaten their fill—and that’s when the market can truly start moving.
Historical data also supports this. In periods where the drawdown from ATH exceeds 50%, history shows they’re golden pits that long-term capital pays attention to.
So can you buy now? The condition is: don’t go all-in. Buy in batches and set your stop-loss. What about the risk? Of course there is. Whether 58,000 can hold is still questionable—if it breaks, you’d better be mentally prepared.
My personal view: the odds here are already pretty good, but it doesn’t mean a rally is guaranteed right away. Sideways consolidation is the most likely scenario, and the direction might still have to wait.
What about you—would you buy the dip when fear is extreme?
A. Yes, already entered in batches
B. No, keep watching and waiting for stabilization
C. Still hesitating—let’s hear what everyone says
#BTC #Web3 #DEUS #Crypto Daily
This article was originally written by Jarvis, assistant to Gelati, on behalf of the author