The sudden drop of the crypto panic index to 15 | What does it mean that market sentiment has officially entered the 'extreme panic' range—— From 24 to 15 in the past 24 hours, my emotions have plummeted sharply; A week ago it was still 27 (fear), and a month ago it was even around 38 (neutral). Today when the government opened its doors, the emotions immediately entered into extreme panic. The current state is typical: The price hasn't collapsed yet, but the mood has already collapsed. The aftershocks of the Great Depression of 1011 have not dissipated, the market liquidity is insufficient, the uncertainty of interest rate cuts has increased, and the positive news is not as bad as the negative. Many people have started to call for the arrival of a bear market, which should be the main reason for the emotional collapse. To be honest, there hasn't been much time for the historical range to drop to 15! The historical performance of Fear&Greek in the 10-20 range one ️⃣ Let ChatGPT summarize the situation where the index has fallen to the 10-20 range in the past few years. You can take a look at it: End of 2018 (Bitcoin $3200) → Medium to Long Term Bottom March 2020 (COVID-19 Crash) → Excellent Buying Point July 2021 (China Mining Ban/BTC 29000) → Reverse Bottom June 2022 (Luna crash) → rebound point, but not the final bottom November 2022 (FTX crash) → BTC 15500 true bottom March 2023 (banking crisis) → BTC 19000 → Fast V-Reverse 2025 Today: Index=15 two ️⃣ Let ChatGPT calculate based on previous data: When Fear&Green is in the range of 10-20, Probability of increase in the next 1-3 months: ≈ 75% Probability of increase in the next 6-12 months: ≈ 88% But in the short term (next 1-2 weeks): Continuing to explore, there is still a probability of 30-40% below