Last night, 210,000 people got liquidated.

Today my buddy threw in 300,000 at the position of 86,000.

You might think he is crazy.

But back in November 2022, when BTC fell to 15500, he did the same. At that time, the fear index was only 10, and there were voices everywhere saying "it will go to zero."

He invested 100,000 and took away 200,000 six months later.

Those who cursed him for being crazy at that time now dare to chase in as BTC rises to 100,000.

He once told me: "I never bet on price fluctuations; I bet on human nature."

This set of tools he uses is known by 99% of people, but very few actually use it correctly.

Today I will make this clear.

The Fear and Greed Index is known to everyone.

But how many really use it to make trading decisions?

Why?

Because most people treat it as a reference number, just glance at it and move on, not taking it seriously at all.

The index is segmented from 0 to 100 as follows:

• 0-25: Extreme Fear
• 25-45: Fear
• 45-55: Neutral
• 55-75: Greed
• 75-100: Extreme Greed

What time is it now? 27.

What concept?

In November 2022, when BTC dropped to 15500, the index was 21.
In August 2024, when BTC breaks 50000, the index is 26.

Both times later proved to be the bottom.

What happened to those who entered at 21 and 26?