加密市場顫抖。比特幣的恐懼和貪婪指數跌至10-自2022年冬天以來未見的前所未有的極端恐懼水平

當交易者屏住呼吸時，出現了一個燃燒的問題：這是一個致命的陷阱……還是偽裝的機會？

The crypto market shivers. Bitcoin’s Fear & Greed index has reached 10 — an extreme fear level not seen since the winter of 2022. As traders hold their breath, one burning question arises: is this panic a deadly trap … or a disguised opportunity?

加密市場發抖。比特幣的恐懼和貪婪指數已經達到10，這是自2022年冬天以來就沒有看到的極端恐懼水平。隨著交易者屏住呼吸，出現了一個燃燒的問題：這是一個致命的陷阱……還是偽裝的機會？

The emotional barometer of bitcoin

比特幣的情緒晴雨表

比特幣的情緒晴雨表

Created by Alternative, the Fear & Greed index is no mere gadget. It’s a seismograph of market emotions. On a scale of 0 to 100, it oscillates between collective euphoria and total dejection. Today, the needle has frozen at 10. A number that sends chills down the spine: the last time the price of bitcoin experienced such terror, it was worth $16,000.

由替代品創建的恐懼和貪婪指數不僅僅是小工具。這是市場情感的地震儀。在0到100的尺度上，它在集體欣快和完全沮喪之間振盪。如今，這條針頭已經凍結了10。這個數字使脊椎發冷：比特幣的價格上次經歷了這種恐怖，價值16,000美元。

But behind the numbers, an unyielding mechanism reveals itself. This collapse in morale follows a 14% drop in bitcoin over the course of a week, plunging it below $84,700. The reasons? An explosive cocktail: massive liquidations ($2.16 billion in capitulation), regulatory pressure, and the shadow of collapsing memecoins.

但是在數字的背後，一種不屈不撓的機制揭示了自己。在一周的時間內，比特幣下降了14％，低於$ 84,700，士氣崩潰了。原因？爆炸性雞尾酒：大規模清算（21.6億美元的投降），監管壓力和崩潰的成員的陰影。

Yet, a glimmer of hope hides in history. In 2022, when the index reached similar levels, bitcoin began a slow recovery. The extreme lows of fear have often been the prelude to spectacular rebounds. As if the market, suffocated by its own fears, eventually regains its breath.

然而，一線希望掩蓋了歷史。在2022年，當指數達到相似的水平時，比特幣開始緩慢恢復。恐懼的極端低點通常是壯觀籃板的序幕。好像市場因其自身的恐懼而窒息，最終恢復了呼吸。

The art of buying when the blood runs in the streets

當血液在街上流血時購買的藝術

當血液在街上流血時購買的藝術

“Be fearful when others are greedy, and greedy when others are fearful.” The words of wisdom from Warren Buffett. A maxim that contrarian investors follow to the letter. Today, with the Fear & Greed index at its lowest, these strategists are pulling out their checkbooks.

“當別人貪婪而貪婪時，當別人恐懼時要害怕。”沃倫·巴菲特（Warren Buffett）的智慧之言。逆勢投資者遵循這封信的格言。如今，由於最低的恐懼和貪婪指數，這些戰略家正在撤出他們的支票簿。

Their reasoning? General panic creates undervalued opportunities. Proof by past cycles. In January 2023, when the index brushed 10, bitcoin surged 40% in two months. The same scenario in July 2022: a 25% rebound after a fear low. The data is stubborn: the best returns often arise from discomfort.

他們的推理？一般恐慌創造了被低估的機會。過去的周期證明。 2023年1月，當指數刷10時，比特幣在兩個月內飆升了40％。 2022年7月的情況相同：恐懼低點後的25％反彈。數據很固執：最佳回報通常是由於不適而產生的。

But beware of false hopes. If bitcoin appears to be on hold at $84,700, nothing guarantees an immediate rebound. In 2018, the index remained in the red zone for 11 months. The key? Distinguishing rational fear (like macroeconomic risks) from irrational panic. A tightrope act, where patience and discipline reign.

但是要當心錯誤的希望。如果比特幣似乎以84,700美元的價格擱置，則沒有任何保證可以立即反彈。 2018年，該指數在紅色區域保留了11個月。鑰匙？區分理性恐懼（例如宏觀經濟風險）和非理性恐慌。耐心和紀律統治的繩索行為。

Bitcoin, the phoenix of the markets

比特幣，市場的鳳凰城

比特幣，市場的鳳凰城

The current panic is not an end, but a rite of passage. Bitcoin, accustomed to these emotional cycles, has already overcome crises far worse. However, this drop delivers two crucial lessons.

當前的恐慌不是終點，而是通行的儀式。比特幣習慣了這些情緒週期，已經克服了危機的情況。但是，這種掉落提供了兩個至關重要的課程。

First, the importance of understanding emotional indicators — these mirrors of our own excesses. Then, the necessity to think outside the herd. Because in the crypto arena, profits are often captured where others do not look.

首先，理解情緒指標的重要性 - 我們自己過剩的這些鏡子。然後，有必要在牛群之外思考。因為在加密競技場中，經常在其他人看不到的地方獲取利潤。

For investors, it’s time to keep a cool head. Monitor the fundamentals (institutional adoption, halving, technical innovations) rather than the waves of panic. And remember: even the darkest nights eventually give way to dawn. Bitcoin has already proven that it knows how to rise from its ashes.

對於投資者來說，是時候保持涼爽的頭腦了。監視基本面（機構採用，減半，技術創新），而不是恐慌浪潮。請記住：即使是最黑暗的夜晚，最終都讓位於黎明。比特幣已經證明它知道如何從骨灰中升起。