Matrixport released the latest chart showing that Bitcoin's Greed and Fear Index hit a low yesterday, but Bitcoin rebounded 5% in the past 24 hours! This once again verifies the effectiveness of this indicator. 📈
Bitcoin rebounded at the lower boundary of the downward channel, as traders expected. The current market is mainly driven by technical momentum and is responding quickly to these signals until new fundamentals emerge. 🔍
Although the overall market sentiment is neutral, Bitcoin's performance is still optimistic. Continue to pay attention to market trends and maintain rational investment! 🚀