This article is machine translated
Show original
EASY FORECAST | Sunday, February 8, 2026 ๐๐ถ๏ธ
Takeaway
Market sentiment is at "Fear (8)", the depths of extreme fear. Even if there's a rebound on this day, it's more likely to be a reversal of panic than a "turnaround." Market Snapshot
Fear & Greed Index: Fear 8
Bitcoin: $69,290
Ethereum: $2,090
WATCH
โข BTC: Will there be a "hold" after a $70K reclaim vs. defending the $67K level?
โข BTC: The bottom is prioritizing defense of the $67.5K low.
โข ETH: Will there be a $2,000 support reversal?
โข Will Fear (8) return to the 10s or 20s vs. further pressure in the single digits?
Playbook
In extreme fear zones:
๐ No chasing: If a reclaim is confirmed, split only after "confirming support from the pressure."
๐ Lighten your position: Reduce leverage/alt exposure, prioritize securing cash.
๐ Invalidation criteria first: The scenario ends when the low is broken again โ only trade the "holding zone."
Source: @CoinMarketCap

From Twitter
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.
Like
Add to Favorites
Comments
Share
Relevant content






