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EASY Forecast | Thursday, February 5, 2026 ๐๐ถ๏ธ
Takeaway
Market sentiment is at "Fear (11)", the deepest point of extreme fear. Even if there's a rebound today, rather than believing it's a "trend reversal," it's better to defend the low, reclaim (recapture), and then only respond when the price is confirmed to hold above the low.
Market Snapshot
Fear & Greed Index: Fear 11
Bitcoin: $72,360
Ethereum: $2,115
WATCH
โข BTC: Defense of the $72K range is the top priority. A breakout could deepen fear, while holding on could provide a short-term respite.
โข BTC: If a rebound occurs, the key is to hold above the $75K-$77K mark, rather than reclaiming and then "hitting and dropping."
โข ETH: Maintaining support near $2.1K vs. attempting a re-entry at $2.25K-$2.29K.
โข Will fear (11) return to the 15-20 range, or fall further into single digits?
Playbook
In extreme fear zones:
๐ No chasing: Do not immediately buy the rebound candle. Split into two stages: "Confirm reclaim โ Confirm support under pressure."
๐ Lighten your position: Reduce leverage/alt exposure. Today, manage risk over profit.
๐ Invalidation criteria first: The scenario ends when support is brokenโonly trade the "holding zone."
Source: @CoinMarketCap

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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