Goodness, the panic and greed index of Alternative has dropped to 9.
The last time it was this low was around November 2022, before and after the FTX collapse. After the FTX collapse, BTC rose by over 40% in 3 months.
Earlier data shows that in March 2020, during the COVID crash, BTC increased fourfold in the following 6 months.
Now it is at 9, with 46 consecutive days of extreme panic.
The question arises: Can history repeat itself?

