🔥The Crypto market still cannot escape "Extreme Fear"

In contrast, the Stock Market remains sideways at a safe level of 36-50. The Crypto Greed and Fear Index still hasn't broken above 10, and it even dropped to 5 last week. Currently, it is (7)

* Historically, Bitcoin has not often fallen below 7:
- August 2019, BTC dropped this index to 5
- March 2020, during COVID, this index fell to 6
- Or in 2022, Luna Terra & FTX also did not cause investor panic like now.

👉 Generally, investors are not only afraid that prices will continue to fall sharply and then recover, but they are also worried about macroeconomic instability, the 4-year cycle, and unpredictable variables.

👉 History has shown that those who accumulate when Fear and Greed hit levels 5-7 tend to hold the best long-term positions. However, considering the 4-year cycle, we are only entering the early stages of a Bear Market 🙏

It's really tough to play. Do you think we've hit the bottom? If not, what will the bottom be?

$BTC