加密市场颤抖。比特币的恐惧和贪婪指数跌至10-自2022年冬天以来未见的前所未有的极端恐惧水平

当交易者屏住呼吸时，出现了一个燃烧的问题：这是一个致命的陷阱……还是伪装的机会？

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?

加密市场发抖。比特币的恐惧和贪婪指数已经达到10，这是自2022年冬天以来就没有看到的极端恐惧水平。随着交易者屏住呼吸，出现了一个燃烧的问题：这是一个致命的陷阱……还是伪装的机会？

The emotional barometer of bitcoin

比特币的情绪晴雨表

比特币的情绪晴雨表

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.

由替代品创建的恐惧和贪婪指数不仅仅是小工具。这是市场情感的地震仪。在0到100的尺度上，它在集体欣快和完全沮丧之间振荡。如今，这条针头已经冻结了10。这个数字使脊椎发冷：比特币的价格上次经历了这种恐怖，价值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.

但是在数字的背后，一种不屈不挠的机制揭示了自己。在一周的时间内，比特币下降了14％，低于$ 84,700，士气崩溃了。原因？爆炸性鸡尾酒：大规模清算（21.6亿美元的投降），监管压力和崩溃的成员的阴影。

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，一线希望掩盖了历史。在2022年，当指数达到相似的水平时，比特币开始缓慢恢复。恐惧的极端低点通常是壮观篮板的序幕。好像市场因其自身的恐惧而窒息，最终恢复了呼吸。

The art of buying when the blood runs in the streets

当血液在街上流血时购买的艺术

当血液在街上流血时购买的艺术

“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.

“当别人贪婪而贪婪时，当别人恐惧时要害怕。”沃伦·巴菲特（Warren Buffett）的智慧之言。逆势投资者遵循这封信的格言。如今，由于最低的恐惧和贪婪指数，这些战略家正在撤出他们的支票簿。

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.

他们的推理？一般恐慌创造了被低估的机会。过去的周期证明。 2023年1月，当指数刷10时，比特币在两个月内飙升了40％。 2022年7月的情况相同：恐惧低点后的25％反弹。数据很固执：最佳回报通常是由于不适而产生的。

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.

但是要当心错误的希望。如果比特币似乎以84,700美元的价格搁置，则没有任何保证可以立即反弹。 2018年，该指数在红色区域保留了11个月。钥匙？区分理性恐惧（例如宏观经济风险）和非理性恐慌。耐心和纪律统治的绳索行为。

Bitcoin, the phoenix of the markets

比特币，市场的凤凰城

比特币，市场的凤凰城

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.

当前的恐慌不是终点，而是通行的仪式。比特币习惯了这些情绪周期，已经克服了危机的情况。但是，这种掉落提供了两个至关重要的课程。

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，理解情绪指标的重要性 - 我们自己过剩的这些镜子。然后，有必要在牛群之外思考。因为在加密竞技场中，经常在其他人看不到的地方获取利润。

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.

对于投资者来说，是时候保持凉爽的头脑了。监视基本面（机构采用，减半，技术创新），而不是恐慌浪潮。请记住：即使是最黑暗的夜晚，最终都让位于黎明。比特币已经证明它知道如何从骨灰中升起。