Today while watching the market, I saw BTC slide from $73,790 last night all the way down to $71,310, and my mood swung along with the price like a roller coaster. It’s now closing at $71,665, down 1.49%. It’s not a big drop, but this kind of nerve-wracking volatility really tests one’s mindset.

What impressed me most was that the fear and greed index actually dropped to 16, in an extreme panic state. I recall that last month it was still in the 80s, in the greed zone. The market sentiment changes so quickly that it’s almost shocking. But honestly, these times are often opportunities. My historical experience tells me that when the index is this low, it’s actually time to start paying attention to the possibility of a rebound.
Today’s trading volume of 875 million USDT is considered moderate; there was no surge in selling pressure, which slightly reassures me. The funding rate of -0.0081% is also fairly neutral, indicating that neither bulls nor bears are currently expressing extreme emotions.
I initially wanted to add some positions around $72,000, but after hesitating, the price broke below that level. Looking back, waiting might be better—after all, a daily volatility of $2,480 isn’t small, and there might be a better entry opportunity tomorrow.
In this market environment, I think maintaining patience is more important than anything else. The support levels on the technical side are still intact, and the fundamentals haven’t changed fundamentally. The short-term panic will eventually pass.