Yesterday, negotiations between the US and Iran completely collapsed, Vance returned to the US empty-handed, $BTC dropped directly from 73804 to 71645

So what?
The market immediately calmed down
The fear and greed index is stuck at 16, very fearful.
With such an event, the index should have touched single digits, but BTC at 71k only briefly touched it then stabilized, not crashing
People are not unaware, they just really don’t want to talk anymore, they sold earlier, leaving behind either holding firm or surrendering
OI data is even more interesting: the long/short ratio jumped from 0.745 to 0.898, shorts took profits first and fled. This isn’t a rebound, it’s people who want to sell first pulling back
While the entire market is quiet, TRU surged 90% in one day, contract positions jumped 209%
The community immediately went crazy, no good news, no fundamentals, just small funds playing short squeeze, attracting retail interest to buy, market makers exit. This script has not changed in 20 years
BTC, during the most chaotic geopolitical times and worst conditions, remains at 71k, the basic structure still exists
Right now, some are using the 90% green line to shout “opportunity here”
Afraid BTC is flat and boring, people easily enter TRU with their left foot, and their right foot enters XX, once BTC truly moves, capital is already exhausted
History shows that when FGI drops below 20, within the next 30 days, BTC success rate exceeds 70%, as long as you still have ammunition
The biggest trap now is no longer continuous decline, but the 90% green line signal suddenly lighting up amid fear
Today, BTC only dropped 1.9%, the message is actually very clear
Maintain core positions, don’t move recklessly
Wait for greed to return, then you’ll have ammunition
$BTC