📉 The market fear index has dropped to 10, with extreme panic sentiment at its peak. Funds are flooding into gold and the US dollar for safety, while BTC has become a safe haven for capital.

⚙️ The total liquidation across the network exceeds 570 million, with trading volume surging dramatically. Leveraged funds are facing severe liquidations, leading to a double kill for both long and short positions, and a series of short squeezes.

🔥 On one side, mainstream coins are struggling to find a bottom, while on the other side, small coins like ONT and JCT are soaring against the trend, with RSI seriously overbought, and capital is clearly speculating in a bubble.

💡 Macroeconomic pressure, institutional hedging, leveraged negative cycles, and capital rotation have jointly created this extreme tearing situation of "big market cold, small market hot," with significant short-term volatility, and the risk of chasing highs is at its peak!