#数字资产市场观察 encryption panic index has quietly climbed from 25 to 28, have you noticed?

Don't be fooled by just a 3-point increase; this matter is not simple. The market has been dull for the past week, with the fear index remaining stagnant in the "extreme fear" zone, and now suddenly warming up — indicating that someone has started to take action.

I have a buddy who couldn't take it anymore when the index dropped to 20 last month, so he liquidated everything and left. What happened next? Just a few days later, Bitcoin rebounded by 10%, and now he's cursing himself in the group for being too soft. The funniest part is that he's now conflicted about whether to buy back in... The most fatal flaw for retail investors isn't that they can't understand candlestick charts, but rather that their emotions fluctuate even more violently than the prices.

The market drops a little, and you panic threefold; when it rises again, you fear it's a trap to lure in more buyers.

In fact, the panic index is not something that should lead you to follow your emotions. When everyone is in a state of panic, it is often the time when opportunities arise. Of course, I'm not suggesting you go all in right now, but at least don't lie in the pit pretending to be dead - the data has already started to give signals, it just depends on whether you can handle it.

There is a very simple logic: in the market, there are always a few people making money. When you are panicking, someone is building a position at a low; when you impulsively chase high, someone is selling at a high. This time, with the fear index warming up, is it a reversal signal or a rebound trap? To be honest, no one can be 100% sure.

But one thing is for sure - if you can't even be bothered to look at data changes, you will most likely be just one of the "majority".

Don't let emotions make decisions for you. The market won't directly tell you where the bottom is, but it will hint at it in various ways. At this stage, calmly observing is more important than blindly acting.