2025-12-24 02:27:04

Good morning everyone! The Fear and Greed Index is only 27, and the current market is indeed very cold. Have your positions also gone down? Don't worry too much; such times are often the starting point of new stories.

Pay attention to a few key data points today:

The total market capitalization of the entire cryptocurrency market remains at $2.96 trillion, with Bitcoin's market share steadily holding at 59%, reaffirming its dominant position. During this period, Bitcoin has continuously declined during U.S. stock trading hours, and the bearish sentiment is indeed strong, but there is an interesting contrast— the overall network has suddenly dropped by 4% in hash rate. Historically, this kind of contrast can sometimes signal a bottom.

Another interesting phenomenon is that while BTC reached a new high this year, its returns are actually lagging behind traditional assets. This sounds like bad news, but don't forget, the whole story is only halfway through.

On the macro front, the US core PCE price index is now stuck at 2.9%, and the ghost of inflation is still floating around. JPMorgan has hinted that the Reserve Bank of Australia might "lie flat" until 2026, which is a positive signal for liquidity. What's even more interesting is that Arizona recently made a big move — proposing tax-free cryptocurrency trading and banning taxation on nodes, which is a sign that the temperature of policy is starting to rise.

These days happen to coincide with the Christmas holiday, and the US stock market is also closed, so the entire market is a bit eerily quiet. But the problem is that the options expiration date is getting closer, and when that moment arrives, volatility may suddenly jump out, so one should stay alert.

The current market is like a slow-motion movie—fear is spreading everywhere, but those who truly look at the data can sense some faint signs of a turning point. Some see an abyss, while others see a staircase. Whose judgment is more accurate will be answered by the market in the end.

Stay alert, stay flexible. The darkest night often hides the brightest stars. No matter how the market moves, remember to recharge your life.

BTC-0.31%

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0xSherlock

· 13h ago

The fear and greed index of 27 is really cold, but the plummet in computing power is quite interesting. Speaking of which, with the recent rise in policy temperature, does the move in Arizona hint at something? Now we just wait for the moment of options delivery day; when the fluctuation comes, whoever is still standing will win.

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FUD_Vaccinated

· 13h ago

The fear and greed index at 27... To be honest, it's getting a bit hard to hold on, but those who buy the dip at this time are often the final winners. The 4% plummet in computing power is a signal I'm paying attention to, history always has its patterns. Arizona's recent actions are truly fierce, the policy temperature is indeed rising, this is the real long-term favourable information. On the day of options delivery, you have to keep an eye on your position, when the fluctuation comes, it can be sudden. I believe that the story is only halfway through, there are too many people looking bearish now, which is actually a reverse indicator. Don't get too hung up on the yields not beating traditional assets, encryption is fundamentally a long term game. I quite agree with that saying about the darkest night, if you endure it, there will be a rainbow.

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WalletsWatcher

· 13h ago

The fear index at 27 is really cold, but it's actually time to enter a position now. Computing Power plummeting 4% combined with consecutive falls, I think this signal has some substance. To be honest, Bitcoin has risen so much this year, yet its returns are still being beaten by traditional assets. We need to reflect on this. The recent tax exemption policy in Arizona is worth following; the policy temperature is indeed rising. Options delivery day is coming, and this wave might get dumped, so be prepared. Is it an abyss or a staircase? The market will speak in the end, and I’m just waiting.

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SnapshotLaborer

· 13h ago

The moment to buy the dip has arrived, let's see who has the guts to enter a position. The index at 27 really isn't anything to be afraid of, after all, it's just a game of playing people for suckers. This recent move in Arizona is indeed interesting; can a policy shift save the market? The plummet in computing power was a bit interesting, but whether historical experience is reliable still needs to be seen. The yield can't keep up with traditional assets; is this mocking us? Haha. Let's wait for the options delivery day, then we'll know if it's going to be lively or not. Is it an abyss or a step? Anyway, I've already gone all in, waiting for the market to provide answers.

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