The Investor Confidence Index has hit 'extreme negative values,' staying below -0.3 for several days since February 18. The interpretation of this signal is very straightforward: current investor confidence in BTC's trend is on the verge of collapse... Do you think this is bad news or good news? Personally, I feel it's a mixed bag. The downside is that shattered confidence is hard to rebuild in the short term, and it’s highly likely that it will take 'months' or even 'quarters' to emerge from the gloom. The upside is that, looking at historical data, whenever the confidence index drops to this level, either a decent rebound is on the horizon, or we’re getting closer and closer to the 'bear market bottom.' As they say, 'extremes lead to reversals'—it’s just the law of nature!