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#GateSquareAprilPostingChallenge Diplomatic negotiations between the United States and Iran have failed, confirmed by U.S. Vice President JD Vance, triggering a wave of sell-offs across the crypto market.
Impacted by this negative geopolitical sentiment, Bitcoin’s price fell to below $71,500.
Investors’ risk appetite declined, and the Fear and Greed Index dropped to 16, indicating an extreme fear state (Extreme Fear), along with a large-scale withdrawal from risk assets.
Cuanholic believes the price will rebound soon—could this just be the beginning of a prolonged adjustment? What strategies do you use to deal with extreme fear?