After Trump dropped his 100% tariff bomb on China, the Crypto Fear & Greed Index nosedived from 64 (“Greed”) to 27 (“Fear”) in a single day - the lowest in almost half a year. Bitcoin briefly kissed $102,000 before stabilizing, while $19B in leveraged dreams evaporated in 24 hours.
Bitwise’s Andre Dragosch just confirmed that their Sentiment Index flashed a “strong contrarian buy signal” — the last time we saw similar readings was during the “Yen Carry Trade Unwind” in 2024.
Even more ironic? Bitcoin just printed new ATHs days ago, and social media didn’t even flinch. No hype, no dopamine, no “to the moon” memes. As Santiment’s Brian Quinlivan put it: “Really wasn’t much of anything.”
📉 Fear level: 27
📊 Last similar setup: April 2024
💡 Translation: If everyone’s terrified, you should probably start paying attention.
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