Is Bitcoin sprinting to 11500 or a nightmare crash? A divine indicator reveals the truth!
Bitcoin is currently touching the 75 extreme greed zone in the 'Greed and Fear Index', and history shows that whenever the index reaches the 75-95 range, a bull market is often nearing its peak, followed by a pullback. Logically, this time Bitcoin is expected to reach 85 points, potentially hitting 11500, but the risks are also soaring, entering a high-risk phase known as the 'tail risk market'.
Previous market trends show that the highest point fluctuates greatly: sometimes it peaks at 75, and sometimes it only ends near 95. The safest operation is to wait for the index to drop back to around 25, then buy at a low level and patiently wait for the next wave of increase.
My personal strategy is to liquidate large amounts of spot holdings, shift to small coins for catch-up gains and short-term trading, seizing opportunities from short-term fluctuations. Only when the market is in extreme panic will I heavily buy the dip, just like the big drop in April this year. Are you ready to welcome the moment of a sharp rebound? Stay tuned, and don’t miss the best buying opportunity.