Recently, the cryptocurrency market has experienced severe turbulence, with Bitcoin and major altcoin prices significantly retreating, and market sentiment has turned to extreme fear. The trigger for this crash comes from global economic uncertainty, particularly the latest tariff war among the United States, China, Mexico, and Canada, which has heightened market risk aversion, leading to a massive sell-off of risk assets.
This economic turmoil not only affects the cryptocurrency market but also severely impacts traditional financial markets.
During this wave of sell-offs, the market liquidation amount has surpassed $700 million, and Bitcoin and altcoins are struggling to find solid support. Market sentiment indicators further confirm investors' anxiety, with the cryptocurrency fear and greed index dropping to 24, hitting a two-year low and entering the extreme fear zone.
However, history has repeatedly shown that when the market is in extreme panic, it is often the best buying opportunity for quality assets. Does this mean that investors should look for opportunities during this wave of market turbulence, rather than resorting to panic selling?
Personal opinion, for reference only
Open to discussions
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