The Fear Index has already reached 10, marking the third time this bottom level has hit 10, and the fourth time of extreme fear within the entire year. When emotions hit this freezing point, can there still be a sustained short-selling mindset? Or does the lower it goes, the more it becomes? Currently, the price is approaching a previous low, which theoretically could serve as strong support at this level.

This afternoon's short article also mentioned that if the price tests the 85600 level without breaking below it and then rebounds, today will likely be a rebound day. After briefly testing 85850 in the afternoon and failing to fall further, it rebounded all the way to the current level. The 87100 level is now a key resistance point.

Going back to this extreme fear index of 10, on 2025.2.27, it hit 10 once, and immediately afterward, the market surged over 10%, roughly over 10,000 points. Another instance was on 2025.11.16, but that day was ineffective, and the price continued to fall. Then on 11.22, which was the lowest point of this round, it caused a rebound of over 10,000 points upward. And yesterday, the panic index again reached 10. So at this point, if the market drops a bit further, we can't blindly short anymore. When others are fearful, I am greedy—that's how this market can be profitable. #市场触底了吗？ #美联储降息预测 #BTC行情分析