Regarding the short-term market, this view remains unchanged for the time being - the probability of fluctuations or continued downward movement is greater than the upward trend.

After calming down and looking at the data, I found two sets of calculation methods for the fear and greed index.
One set has a current value of 74, a minimum value of 43 this year, and a minimum value of 30 within a year.
The other set has a current value of 55, a minimum value of 47 this year, and a minimum value of 31 within a year.
The two sets of data are slightly different, but overall, compared with the adjustment in March and April, the bulls in this wave of decline in June are more stubborn. Not only did they not surrender, but they dared to fight back against the air force.

From this perspective, although the market has fallen a lot - many copycats have even leaked epic lows, the data conclusion is still unfavorable to the bulls, that is, the probability of bottoming out in the short term is still not high, and the probability of downward or oscillating in the next few days is greater than the probability of turning upward.

#BTC走势分析