Has this pullback reached the bottom?

In the last two days, the Fear and Greed Index has dropped to 16, reaching the extreme fear zone. Normally, it only drops to this level once a year, but this is already the second time this year - the last time was in April.
Historically, whenever the index hits this position, it often marks the emergence of a temporary low point. This kind of panic sentiment usually lasts for one to two weeks, after which the market begins to recover and rebound.
At this position, it's no exaggeration to say it's a golden pit. If you've been waiting for an entry opportunity, this moment might just be that time window. Mainstream coins like BTC and ETH, as well as targets like ZEC, are all worth paying attention to in terms of chip distribution.
Of course, bottom fishing requires courage, but it also requires an understanding of market cycles.$BTC $ZEC ‌ ‌