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EASY Forecast | Wednesday, February 4, 2026 ๐๐ถ๏ธ
Takeaway
Market sentiment is at "Fear (14)", an extreme level of fear.
Today, the priority is to confirm downside defense โ reclaim โ hold above the bottom, rather than "hitting the bottom." Even if a rebound occurs, chasing it will likely result in another sell-off.
Market Snapshot
Fear & Greed Index: Fear 14
Bitcoin: $76,577
Ethereum: $2,275.95
WATCH
โข BTC: Defending the $73K low is key. A breakout triggers a scenario of intensifying fear.
โข BTC: Will a rebound lead to a reclaim at the $79K level and a "hold/close"?
โข ETH: Will the $2.11K support remain intact? Will a rebound lead to a re-entry to the $2.35K level and a hold?
โข Will fear (14) decline further or return to the 20s?
Playbook
In extreme fear zones,
๐ No chasing: Split into two stages: "Confirm reclaim โ Confirm support at the bottom."
๐ Lighten your position: Minimize leverage as much as possible. Today, risk management takes precedence over profit.
๐ Invalidation criteria first: The scenario ends when support is broken 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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