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EASY FORECAST | February 3, 2026 (Tuesday) ๐๐ถ๏ธ
Takeaway
Market sentiment is at "Fear (17)", an extreme level of fear. Deeper fear can lead to a "bigger/faster" rebound, but it also increases the likelihood of a sweep. Today, it's best to focus on three key steps: confirming support defense, reclaiming, and then maintaining the above level. Market Snapshot
Fear & Greed Index: Fear 17
Bitcoin: $78,912
Ethereum: $2,351
WATCH
โข BTC: The key is whether a re-entry occurs between $79K and $80K, and whether it holds above the $74.6K low rather than a "touch."
โข BTC: Defending the $74.6K low is the top priority.
โข ETH: Attempting to recapture $2.4K vs. defending the $2.16K low.
โข Will Fear (17) fall further or return to the 20s? โ In extreme fear, a "psychological bottom signal" often appears first.
Playbook
In extreme fear zones,
๐ No chasing: Do not immediately buy the rebound candlestick. Split only into "confirm reclaim โ confirm support at the downtrend."
๐ Lighten your position: Today, risk management takes precedence over profit maximization.
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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