The market remains in a state of extreme panic. On December 24th, the fear index hit 24. Although it slightly retreated to 23 on December 25th, the overall sentiment has not improved. Looking at specific data, the Bitcoin long-short ratio remains at 69.3%, while Ethereum's long-short ratio is at 67.5%, both indicating a strong bullish bias. However, on the distribution chart, prices are basically stagnating.



From a short-term spot trading perspective, the current situation is actually an opportunity. The market needs to perform a small test below support levels first, and then initiate a larger rally after touching the support, which would be healthier. The current public opinion environment is unreliable, with a lot of extreme statements flying around—correct opinions are screenshot and spread, while incorrect ones are deleted immediately. Such rhetoric has little reference value. Those actively trading on the front lines need to stay clear-headed, stay alert, and not be misled by noise. Patience should be maintained in the short term, waiting for a more suitable entry point.
BTC1.04%
ETH0.59%
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DAOdreamervip
· 16h ago
Supporting level testing is on point, just afraid it might be a false alarm again, better stay alert. The fear index looks mysterious, but both bulls and bears are moving upward, a typical situation of "saying they're afraid but adding positions" haha. There are really many posts being deleted; politely called caution, but honestly just being timid. Wait a bit before going in again, there's no rush, it's already chaotic enough this year. In this kind of market, the more anxious you are, the easier you are to be cut, stick to the plan.
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MetaLord420vip
· 16h ago
The panic index has dropped, but no one dares to move. I really can't hold it anymore. The long-short ratio looks quite healthy. The current speech environment is truly unwatchable... Still, you have to rely on your own judgment. Wait for the support level; only after this wave drops will there be meat to eat. Taking screenshots every day to spread those correct statements, and the wrong ones are simply gone. The logic is completely rotten. There's too much noise, brother. Staying still like a mountain is the true way to win.
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