"When things reach their extreme, they must reverse" — this natural law applies equally to financial markets.

In the tweet from March 2nd, we witnessed an uncommonly rare "extreme negative value" in the "Investor Confidence Index."

Throughout history, whenever market sentiment has fallen to such depths, it has either been followed by a rebound rally, or the market was actually already close to the bear bottom.

Although, to this day we still don't know if the current situation falls into the latter category, at least we have witnessed the "rebound."

At the same time, the confidence index has been continuously approaching the zero axis over time. Once it breaks above the zero axis, it signals the end of the bear market.

We can make a rough calculation: if there are no unexpected interruptions thereafter, and based on the average pace of the past 10 days, it would take approximately—47 days to return to the zero axis!

I know such calculations may not have any practical significance. Because often it's "if there are no accidents, then accidents will happen......"

But it can give us a bit of confidence:

In the world of Bitcoin, there has never been eternal night!

When the first ray of sunlight tears through the darkness, the mist will finally dissipate.$BTC