Bitcoin has been hovering around 96,000 for over a month, with an undercurrent of panic in the market?
Bitcoin has been swaying around the 96,000 mark for the past half month, and there are very few buyers and sellers on trading platforms, which is quite similar to the situation on January 11. The current greed and fear index in the market is neutral, at 47 points, but you can feel that everyone is a bit anxious. Many investors don't know what to do next; gatherings in the crypto circle used to be lively, but now it's hard to gather people, and conversations in groups have strayed off-topic, no longer discussing coins.
Think back to the big drop in early February, when those big players secretly bought coins at low prices, and then many people noticed something was off and hurried to sell, suddenly thousands of bitcoins flooded onto the trading platforms. That was the moment when everyone was anxious and eager to offload. I guess this state will last for about another month, until everyone has exchanged hands and finished their transactions, then the market might stabilize and prepare for the next wave of increase.
This week, the global economy is relatively calm, but with Trump's tariff policies causing a stir, the global financial market has exploded. The cryptocurrency market is particularly sensitive now; even a slight disturbance could trigger another drop. Will Bitcoin fall below 92,000 again? I think it's very possible.
Many people are bearish at the moment; we still need to stay calm and wait a bit. Let me tell you, it will probably take another month for the chips to change hands, and then the market might have a chance to rise. Let's see if we can experience a bull market in March. Friends trading contracts, remember to set a bottom line for yourself; if losses reach a certain level, you need to stop and not hold on stubbornly.
If you currently feel helpless and confused about trading, and want to learn more about the cryptocurrency space and cutting-edge information, follow me and leave a message to see the bamboo leaves; let's not get lost in this round of bull market!
