šØ Fear & Greed Index Vibes ā Contrarian Signal?
Why Iām STILL Watching ETH/USDT!
Talk about a turbulent week! ETH/USDT is down nearly 12% in 7 days, a move that sends fear through the market. But for a savvy trader, deep sell-offs often create the best opportunities. We just saw the price successfully test a major support zone, showing buyers are still present.
While the red candles look scary, the long-term gains (1-year at +18.43%) remind us of the bigger picture. The market loves to fake out the majority. Is this the moment to be a contrarian and start accumulating, or is the bearish trend on the daily chart too strong to ignore? That massive drop needs to be recovered! Thoughts? š

ETHUSDT
Perp
1,955.85
-1.57%
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