2026-01-18 08:00:51

#数字资产市场动态 The panic index has broken new highs! In just one month, it has tripled, climbing step by step out of the depths of extreme fear.

What does this shift indicate? Market sentiment is quietly changing. The sense of despair is fading, replaced by a cautious optimism—people are beginning to believe that perhaps a rebound is truly coming.

Numbers don't lie. From "extreme fear" to approaching "greed," there has been a qualitative change in investors' psychological expectations during this process. Each rise in the panic index reflects a re-pricing by market participants about the future outlook.

It's worth pondering whether this emotional recovery truly signifies an improvement in the fundamentals or if it's just a short-term emotional rebound driven by technical factors. Historically, such rapid increases in the index often signal a market turning point.

The crypto market is like this—emotions and data intertwine, and every fluctuation reinterprets the balance of risk and opportunity.

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GasFeeNightmare

· 5h ago

It's the same story again. As soon as it triples, you start hyping the rebound? It looks like a bait before harvesting the leeks. Historical experience? Sigh, every time you say that.

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OnlyOnMainnet

· 5h ago

Tripled and now you're excited? I think it's mostly a technical rebound, don't get caught off guard.

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DegenDreamer

· 5h ago

The index triples... Honestly, this wave of rebound feels a bit too fast, I always feel like it's digging a pit for the next wave of bagholders. Here comes the "greed and fear cycle" again. We said the same thing last year around this time, and look what happened? But on the other hand, the shift from despair to optimism has indeed changed psychologically. The problem is, the fundamentals haven't caught up. This is the magic of crypto—it's most dangerous when the data looks good. Wait, is it really rebounding or just another trick to lure people in? I bet there will be a correction within a month.

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SatoshiChallenger

· 5h ago

Haha, are we starting the story again that "history never repeats but always rhymes"? Data shows that the last time the panic index rose so rapidly was in May 2021. You all know what happened next, right? A threefold increase can only represent a rebound? I think it’s more like the last self-deception of the collective of leek farmers before they wake up. Ironically, someone always believes it every time. --- Emotional recovery ≠ improvement of fundamentals. Why is it so simple and yet some people always get it mixed up? --- Oh right, I forgot—this is the crypto market. It’s just using "emotions and data intertwined" to dress up gambling. --- Is a rapid rise in the index a sign of a turning point? Come on, that depends on which way it turns. I bet it’s heading down. --- So everyone entering now, don’t say you haven’t learned from history in half a year.

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ChainDoctor

· 5h ago

Coming back with the same story? The index triples and then the story starts. I feel like this is just the market manipulators brainwashing people. It's always like this before a big rebound—emotional recovery, but the fundamentals haven't shown any signs of movement yet. From extreme panic to greed, can we really catch this wave? History tells us that quick rebounds like this often lead to a trap. Emotional recovery ≠ a real rebound. Don't be fooled by the index. This time is different? I think it's the same old trick.

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