it is often a sign that volatility is about to increase. The total cryptocurrency market cap rebounded by 4.67% in a single day, and is highly correlated with the SPDR S&P 500 ETF Trust (SPY). This indicates: The crypto world has fully entered the "macro pricing era." The Fear Index is at 16, short positions are being liquidated en masse, and sentiment is rapidly shifting from extreme pessimism. The real question is not how much it has risen, but— will capital continue to flow back? This week, the direction will be decided.
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When the market is extremely panicked,
it is often a sign that volatility is about to increase.
The total cryptocurrency market cap rebounded by 4.67% in a single day,
and is highly correlated with the SPDR S&P 500 ETF Trust (SPY).
This indicates:
The crypto world has fully entered the "macro pricing era."
The Fear Index is at 16,
short positions are being liquidated en masse,
and sentiment is rapidly shifting from extreme pessimism.
The real question is not how much it has risen,
but—
will capital continue to flow back?
This week, the direction will be decided.