Panic often signals the beginning of a rebound

@TechFlowPost statistics show: Bitcoin's Fear and Greed Index has fallen below 15 into extreme panic territory. Historically, this corresponds to key turning points such as the 2017-2018 bear market bottom, the COVID-19 pandemic, and the FTX collapse, with subsequent one-year gains generally exceeding 100%. During pandemic panic, the index dropped below 10, with subsequent rebounds reaching as high as 1500%.
On February 6, after the 10.11 liquidation, the Fear and Greed Index fell to 5, setting a record low since the indicator's release. The last time it was close to this level was on June 19, 2022 (index 6), which was the final dip of the bear market. It then stabilized sideways, laying the foundation for a major bull run a year later.
Data doesn't lie: extreme panic = exhausted selling pressure = chip rotation. There's no need to be overly pessimistic; every major market opportunity is born out of despair and rises amid hesitation. $BTC #当前行情抄底还是观望？ #我在Gate广场过新年