Today, while scanning on-chain and sentiment data, I noticed that BTC's Fear & Greed Index has entered the 'Extreme Fear' zone (dark red). Since 2018, every time it has hit the extreme fear level, it has almost always corresponded to a mid-to-long-term bottom-buying opportunity. While this doesn’t necessarily mean the price has bottomed out, it often indicates that risks have been fully priced in by the market, and emotional sell-offs are gradually subsiding. In plain terms, based on historical indicators, there might still be room for further decline at the current level, but this is a time to consider buying rather than panic selling. The market always nurtures the next rally during its most pessimistic moments. Sponsored by Bitget ｜ @Bitget_zh