Yesterday, I was still thinking about whether to chase the $73K high point for BTC, and today I was brutally educated by reality. It dropped directly from yesterday’s $73,689 to $70,604, a fluctuation of over $3,000, which is almost like riding a roller coaster. Friends sitting in the front row must have been thrown off completely😵

This reminds me of playing seesaw as a kid, with a fat kid on one end and a skinny kid on the other. When the fat kid sits down heavily, the skinny kid gets bounced up into the air. BTC now is like that bouncing skinny kid, yesterday still in the clouds, today crashing back to the ground.
What’s even more interesting is that the Fear and Greed Index has dropped straight to 16, entering extreme fear mode. Over 900 million in trading volume tells us this isn’t a quiet decline with no attention, but a fierce battle with real money. The voices of “buy, buy, buy” from a few days ago have suddenly gone quiet, and the market is filled with a sense of “Did I buy the wrong thing?” anxiety.
However, the funding rate is still normal, indicating that the futures market hasn’t gone completely out of control. Sometimes, the market is like this—when everyone is afraid, that’s often when opportunities quietly sneak in. Just like there’s always a rainbow after a heavy rain, the key is whether you’re prepared with an umbrella and patience.
Now around $71K, neither high nor low, it’s like standing at a crossroads, unsure which direction to go.