Yesterday, the Bitcoin Fear Index rose quite high. The price also dropped to around $78,900. When this kind of psychological indicator spikes to extreme levels, it's usually a phase where many investors give up. Interestingly, historically, smart investors tend to buy more during this timing.



It seems that the saying "opportunity arises when fear is at its peak" applies here. Of course, transaction costs like commission fees should also be considered, but I think it's a good time to watch how the market moves amid this bearish sentiment.
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