I just noticed something interesting from Google Trends. In the US, searches for 'bitcoin zero' suddenly spiked last month when BTC dropped to around $60k. This could be a good contrarian signal because similar surges appeared in 2021-2022 at market bottoms. But what's interesting here is that if we look at global data, searches for the same term actually decreased. This means panic is more concentrated in the US, not worldwide.

Contrarian is a strategy that can be learned from this pattern. Most US investors seem more paranoid due to local news—taxes, geopolitics, risk rotation in stocks. Meanwhile, investors in Asia or Europe might not be as panicked. Also, remember that Google Trends is relative, not an absolute number. The Bitcoin user base is much larger now compared to 2022, so a score of 100 today doesn't necessarily mean more people are searching in absolute terms.

So, in conclusion, contrarian is a valid way to interpret this, but with a caveat. Retail anxiety clearly increased in the US, but this signal doesn't automatically guarantee a clean reversal. It needs to be combined with other data before making a decision. By the way, BTC price is now at $73k, so the situation has changed since last month.