The panic index has plummeted dramatically these past two days, dropping straight from 44 yesterday to 28, essentially a night back to the pre-liberation era. If this pace continues, the market will undoubtedly enter a state of extreme panic.



What exactly are everyone afraid of? A careful look reveals a few points: First, BTC just can't reach the 100,000 integer mark; every time it surges, it gets pushed back, which is really frustrating. Second, the altcoin market has completely cooled off, and many people's dream-building journeys have been awakened by this wave of decline. Third, in reality, wallets are already tight, and this bear market cycle is putting a lot of people's funds under pressure.

To be honest, this isn't a technical issue; ultimately, it's the loss of confidence. Once market sentiment collapses, even the most attractive data is meaningless.
BTC0,13%
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LuckyBlindCatvip
· 6h ago
Ha, ha, ha, I've been sent back again. This time, really messing around here repeatedly. A hundred thousand is a hundred thousand, why is it so difficult? When people's hearts are scattered, it's hard to lead the team. That's a sharp observation. Losing money is the most genuine panic index. With this rhythm, it should have been a good time to buy the dip, but I have no courage. All the knockoffs are dead; it's time for everyone to wake up. It feels like everyone is waiting for some signal, but who knows when the signal will come.
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NFTregrettervip
· 01-08 18:14
44 drops to 28, this is the scene where retail investors' mentality collapses It's either BTC stuck at 100,000 or altcoins all dead, and wallets still have no money, no wonder people are leaving People's hearts are really the most fragile under pressure Is the 100,000 threshold really that hard? Daily washouts Honestly, the technicals have been solid for a long time, just waiting for people's confidence to recover Feeling like many people's dreams are about to shatter with this drop, especially altcoin traders Ultimately, it's still about lack of funds; no matter how good the market looks, it's all talk Once market sentiment disperses, it's over; no data can save it
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LayerZeroEnjoyervip
· 01-08 03:59
It's unbelievable that the 100,000 threshold is so tough, getting beaten repeatedly is really annoying. Once people's confidence wavers, the team falls apart. This time, it feels especially obvious. The counterfeit coins are indeed top-notch; the dream ended quickly. Wallets are indeed tightening, and the bear market is just like this, wearing people down. It's not surprising that the index has fallen so much; the market is so fragile. Panic spreads quickly, but how long will it take to calm down again? Honestly, it's a psychological battle—who crashes first loses. What's the use of good-looking data? Everyone has already left.
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BearMarketSurvivorvip
· 01-08 03:56
Is ten thousand really that hard? Feels like I'm getting slapped in the face every day. People in altcoins must be having a tough time now... The panic index is dropping so quickly, but it feels like the bottom hasn't been reached yet. No money in the wallet, how can I buy the dip? Laughing to death. When people's hearts disperse, the team disperses; technical charts are useless at this point. BTC is just stuck at the ten thousand mark, truly incredible. This wave of dreams has woken up the speculators, a bloody lesson. Honestly, it's just because there's no money left; without funds to bear the pressure, everything is虚的. When emotions explode, what's the point of looking at fundamentals? It's all useless.
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AirdropLickervip
· 01-08 03:51
44 dropped to 28, this wave really scared the hell out of people BTC is dead set on not surpassing 100,000, so annoying The mentality is shattered, market data is useless, this truth is too painful Is it time to cut losses again? I still want to buy the dip Altcoins have completely become gambling tools, too many people have awakened Wallets are already empty, this bear market is directly pulling out the bottom The panic index is plunging, indicating that big players are starting to buy the dip, retail investors are still fleeing People's confidence collapses even before the K-line, that’s the real deadly blow It's basically just a chain reaction of leveraged liquidations, nothing special Falling back to the pre-liberation days overnight, that analogy is perfect haha Just go ahead and smash it, anyway I have no money left
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NotGonnaMakeItvip
· 01-08 03:42
People's confidence has indeed collapsed. Repeatedly being pushed back below the 100,000 mark is infuriating. --- A large portion of altcoins have cooled off. Dreamers should wake up now. --- Wallets are already tight and exhausting; this recent drop makes it even more painful. --- The panic index plummeted so sharply, it’s truly a loss of control over emotions. --- Every time we approach 100,000, we're pushed back, causing mental breakdowns. --- Basically, it's because there's no money to keep holding on, so everyone is so timid. --- Market sentiment is everything; without it, everything is over. No matter how good the data looks, it can't save the situation. --- It's truly unbelievable that BTC can't reach 100,000, repeatedly being betrayed. --- The bear market cycle has wiped out so many people's funds. It's so tragic.
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