Today's Fear & Greed Index is 83, indicating extreme greed
Is a crash coming? Is a black swan approaching?
The first time Bitcoin was at 73000, it was also in a state of extreme greed, resulting in a 10,000 point correction! In subsequent instances, any time it touched near 73000, a 10,000 point correction started, dropping to as low as 49000. At that time, many people thought the bull market was over, with Bitcoin expected to drop to 30,000, even 25,000, and some said it could go to 18,000. As the Fear & Greed Index fell to an extreme fear state, no one dared to buy, fearing to catch the falling knife. But Bitcoin soared all the way past 73000 to over 90000, and the market welcomed the mantra of a swift return to the bull market. Currently, we are in a state of extreme greed; is another ruthless scythe swinging towards us? The answer: Yes.
Do you remember our long position at 2415? Yes, it was when they thought it would drop to 2000 or even 1000 that we quietly positioned ourselves for a long, which surged to around 3500 points, making a killing. If this time we face a 10,000 point correction, how many people can withstand it? According to data, a 10,000 point correction liquidated over 8.5 billion in long positions, while Ethereum liquidated 2.2 billion. So, how many can endure it?
In this bull market, the projects leading students in building positions include: ENA, SOL, bnb, XRP, bome, wld, wif, bonk, eth, PEPE, all of which are profitable. That's it for now.
Follow Brother Yuan's footsteps and feast on profits.
This week, I will lead students to invest in potential coins that could explode, doubling their investments easily.
The same news, the same layout, the same opportunities, the same gains, with students getting priority.
At the same time, we are also looking for meme coins on the Solana chain, aiming to make 30 times by the end of next year's bull market.