Crypto Fear Index: When Greed Turns into Panic

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The market is nervous again. The fear index is at 32 — people are scared. A week ago it was neutral (41), but yesterday the situation deteriorated sharply. It's amusing to watch how sentiments change faster than quotes.

What is this index? Essentially, it's a barometer of crypto sentiment, from 0 ( everyone is scared) to 100 ( everyone is shouting "TO THE MOON"). When values are low, assets are oversold; when high, expect a correction. The platform collects trading data and user behavior to determine the overall picture. Although, to be honest, it all feels more like measuring the temperature of a corpse – when the panic starts, it's already too late to change anything.

Meanwhile, passions are running high in the community:

  • Hetmancev is once again frightening crypto holders with taxes: "It will be very painful!" He threatens to impose an additional 23% for several years retroactively. A classic scenario — they cannot pass a normal law, but scaring people is certainly possible.

  • Someone is spreading rumors that SWIFT bought XRP at $5 per coin. Seriously? If that were true, why is XRP still worth pennies? Alright, let's continue to believe in the mythical "whales are buying at the bottom".

  • Solana has fallen by 20% in a week. Recently, everyone was shouting about the inevitable $300, and now they are realizing that $198 is also a reality. Analysts continue to draw lines of "key support" as if that means something.

  • At least tax advisors have appeared: "Accounting, Accounting, Accounting" — they shout. But what about those who have been just pressing the "buy" and "sell" buttons for years, without keeping records? Should they wait until someone comes for them?

  • And of course, there are the trading geniuses who advise trading with a 100x leverage and a capital of $300 per trade. "It's not real trading if you're betting less!" Yeah, and in a week, most of these "pros" will be left in their underwear.

Against this background, the news about the Korean actress who received a suspended sentence for stealing $3 million in crypto seems almost ordinary. At least she actually earned it — albeit illegally.

The funniest thing is that in this hysterical market, some people still believe in the bright future of XRP and the approval of the ETF. "BREAKING NEWS: XRP ETF APPROVED!" - they scream. Yeah, sure, and I'm Satoshi Nakamoto.

And remember: never trade your primary savings. This is the only advice I agree with.

XRP2.21%
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