Fear is back in the market, and Bitcoin is feeling it.
$BTC dropped ~2% to ~$68K in 24hrs, but volume spiked 8.5%, high volume on a down move signals distribution, not just panic. Smart money may be reducing exposure.
Fear & Greed: Extreme Fear.
Historically, these zones precede opportunity but only AFTER the macro trigger stabilises.
Right now, oil shock + geopolitics = still unresolved.
Oil shocks → inflation fears → Fed stays hawkish → risk assets sell off.
#bitcoin , despite being "digital gold," trades like a risk asset under short-term macro stress.
Don't just watch price, track volume, sentiment & macro triggers together.
When all 3 align bearish, patience beats reaction every time.