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EASY FORECAST | Saturday, February 7, 2026 ๐๐ถ๏ธ
Takeaway
Market sentiment is at the peak of extreme fear, at "Fear (5)" level. Even if a rebound occurs in this zone, it's more likely to be a reversal of panic than a "trend reversal." Therefore, the key today is to confirm the three stages: bottom defense โ reclaim โ hold. Market Snapshot
Fear & Greed Index: Fear 5
Bitcoin: $69,599
Ethereum: $2,036
WATCH
โข BTC: Will it hold after re-entering the $70K range, or will it fall back to the $60K range?
โข BTC: The bottom is $60.3K, defending the low is the top priority.
โข ETH: Will the $2,000 line become support?
โข Will Fear (5) return to the teens or twenties, or will it fall further into the single digits?
Playbook
In extreme fear zones,
๐ No chasing: Don't immediately buy the rebound candlestick, but check for "reclaim."
๐ Lighten your position: Reduce leverage/alt exposure, prioritizing risk management over profit today.
๐ Invalidation criteria first: The scenario ends when the low is broken again โ only 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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