Last night before bed, I saw BTC still bouncing around $71,594, thinking it was about to hit a new high. But when I woke up, I was hit with a roller coaster—dropping to $68,153, a 3.31% decline. It feels like going on a blind date full of anticipation; the other person's photos look great, but then you meet and realize they’re ten years old...



The trading volume of 13.59 billion USDT shows everyone is pretty panicked. This is exactly the moment that tests human nature. The Fear and Greed Index dropped straight to 10, in a solid "Extreme Fear" state. It reminds me of playing on a seesaw as a kid—if too many people sit on one side, the other side gets violently popped up. The market is just like that now—excessive fear might actually be an opportunity.

Interestingly, the funding rate is still relatively neutral, indicating that the bullish and bearish battles in the futures market haven't reached a boiling point yet. It makes me think of the "fake death" state in gaming—looks like it's over, but there’s still a chance to turn things around.

Honestly, the $68,534 level isn’t too bad. After all, just a few days ago, everyone was celebrating staying above $70,000. The market is like that—when it’s rising, you think the sky’s the limit; when it’s falling, you feel like going back to the Stone Age.
BTC-3.37%
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