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EASY FORECAST | Monday, February 9, 2026 ๐๐ถ๏ธ
Takeaway
Market sentiment is at "Fear (9)", which falls within the extreme fear range (0โ24). In this situation, it's more important to defend the low โ reclaim โ only respond when the hold is confirmed above, rather than "matching the turnaround."
Market Snapshot
Fear & Greed Index: Fear 9
Bitcoin: $70,375
Ethereum: $2,073
WATCH
โข BTC: Will the $70K area become support? vs. reconfirming the $68.9K low.
โข BTC: If there's a rebound, the key is to reclaim $72K and then "hold/close."
โข ETH: Will there be a re-entry at $2.10K vs. maintaining the $2.06K low.
โข Will Fear (9) return to the teens or 20s, or will it be further suppressed into single digits?
Playbook
In extreme fear zones,
๐ No Chasing: Confirming reclaim โ confirming support at the suppression. Split into two stages.
๐ Lighten your position: Reduce leverage/alt exposure and "survive." First,
๐ Invalidation Criteria First: The scenario ends when the low is broken again โ only trade the section where "holding" occurs.
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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