💥🔥 Fear & Greed Index at 12, the last time we saw this number was at the bottom of the previous bear market. Saturday morning, reluctant to get out of bed, I casually checked the market, and $ETH was at 1567, down nearly 11% in 24 hours. $ADA dropped 14%, $AVAX fell 13%, $SOL dropped 7% to just over $63. Altcoins were almost all wiped out, a full-scale bloodbath. Honestly, I glanced at BTC before bed last night and it was still around 62,000, thinking the weekend would be stable. But when I woke up, BTC’s intraday low had crashed to 59,129, nearly a $5,000 pullback from the high of 63,977. Weekend flash crashes like this are suffocating because there’s no one to support the market. The Fear & Greed Index is now 12, extreme fear. The last time we saw this number, many were still debating "whether to bottom-fish," only to find there was a basement below the bottom. I’m not saying it’s the same this time, but this level definitely calls for calm. Here are some data points: $DOGE dropped to 0.081, $SUI broke below 0.7, and $BNB also fell to 571. The era of BTC being the only green is over; now BTC is dragging altcoins down with it. Funds are massively exiting, this isn’t sector rotation, it’s a real withdrawal. At this stage, I’m more inclined to define this as a panic liquidation process. Such a short-term drop could be followed by a rebound at any time, but the 48-hour liquidity vacuum over the weekend makes any judgment highly uncertain. Position management is more important than trying to catch the bottom. Are you holding through this round or have you already cut losses? Share your current position status in the comments.

Woke up from my Saturday nap and habitually checked my account, and $ETH immediately woke me up. ETH plunged nearly 12% intraday, currently priced at $1525, just a breath away from today's low of $1525.57. Even worse, the ETH/BTC rate dropped to around 0.0256, a level unseen since 2020. The Fear and Greed Index remains stuck at an extreme fear level of 12. BTC is struggling at $59,791, SOL fell to $60.86, and TRUMP is down to just $1.516. The whole market is a sea of green—no wait, in crypto, green means red. Honestly, Ethereum's problem now isn't just the price. L2 solutions have diverted gas revenue from the mainnet, and since DeFi Summer, the ecosystem narrative hasn't found a new breakout point. Institutional funds are overwhelmingly flowing into BTC ETFs, leaving ETH seemingly forgotten. But on the flip side, extreme fear often means the sentiment has mostly been released. Will you dare to open your account and check the market this weekend?

Slept in until 10:30 on Saturday, casually unlocked my phone, and the screen was all blood red—the Fear & Greed Index at 12, $TRUMP crashed 10% straight down to $1.60, $NEAR dropped 10%, and $WLD fell 10.66%. Honestly, this altcoin massacre is even worse than last month. $ETH dropped 9.4% to $1,575, ETH/BTC rate hit 0.0258—what era is this level from? The whole market except $BTC barely held at $60,900, down only 3%, while other coins basically all took the same beating. I had several altcoin positions, and last night before bed I was still hesitating whether to cut losses, thinking "nothing major should happen over the weekend." But after waking up, I was down several thousand U directly, not even given a chance to cut. If I had set stop losses last night, I wouldn’t be stuck in this "wait and see" death loop now. What does a Fear Index of 12 mean? The last time it was this low was near the bottom of the 2022 bear market. Retail sentiment has completely collapsed, but on-chain data is quietly moving—the big money never sleeps; they want you to panic sell at that moment. In this kind of market, people holding lots of altcoins suffer the most. Spot can still pretend to be dead, but contracts have basically been liquidated. $TRUMP, a meme coin, leading the 10% crash shows even speculative funds are pulling out. Don’t rush to bottom-fish short-term; wait until the Fear Index goes back above 20 before considering entry. How many altcoin positions do you still have that you haven’t cut? Share your holding ratio and let’s see who the last diamond hands are 💎

Lying in bed on Saturday morning scrolling through my phone, my finger instinctively clicked on the market prices, and BTC actually dropped below sixty thousand. $59,129, the lowest point since October 2024. I stared at the screen for three seconds, making sure I wasn’t seeing things wrong. $BTC fell 3.5% in one day, $ETH was even worse, dropping nearly 10% to around $1,590, and $SOL couldn’t hold either, almost breaking below $64. This week has been the worst for the crypto market since July 2024, with over $20 billion in market value wiped out according to CoinDesk. The Fear & Greed Index plunged to 12, deep into extreme fear territory. Last night, US nonfarm payroll data exceeded expectations strongly, and the market immediately priced in a Fed rate hike, causing risk assets to collapse across the board. $TRUMP dropped 11%, $DOGE fell 6%, and even $ADA dropped 8%. Honestly, seeing this kind of market, my first reaction isn’t panic but numbness. How many rounds of declines have there been since April? Every time I think it’s the bottom, another wave hits. Altcoins are even worse, many have already dropped to ankle levels. But looking at it from another angle, a Fear Index of 12 is an extreme value that rarely appears historically. What follows is either continued bottoming or the prelude to a violent rebound. Big money never sleeps; the question is whether retail investors can hold on. Right now, I’m just lying in bed staring blankly at my holdings. What are you all doing this weekend? Are you watching the market or have you already given up and checked out?

Lying in bed on Saturday morning scrolling through my phone, I habitually checked the market and was instantly jolted awake. $ETH dropped nearly 10%, with the $1595 price just a breath away from 1500. But that’s not the worst—$TRUMP plummeted 11% in 24 hours, crashing from 1.8 straight down to around 1.5. Those who bought at the peak probably don’t want to look at their phones anymore. $DOGE fell 7%, $SUI dropped 6%, $SOL declined 6.6%, with no one spared across the market. The Fear & Greed Index was already at 12 yesterday, and with today’s trend, it’s likely to dive even further. Honestly, this kind of market is the hardest to handle—not a sudden crash, but a slow boil downward. You want to cut losses thinking it’s dropped enough to rebound, but if you hold on, you’re losing new money every day. You don’t even dare entertain the thought of bottom-fishing. At least BTC still has support at 61,000, but Ethereum and altcoins are really fragile; it feels like liquidity is retreating from the entire market. Those voices shouting "ETH will surpass BTC" are probably all quiet now. A Saturday that started with lying in bed turned into a Saturday watching the market—only those holding positions understand this feeling. What was your first reaction when you opened your account today? Or did you just decide not to look at all?

Lying in bed, habitually opening my account, BTC is at $60,770, down 5% in 24 hours, dropping more than three thousand dollars straight from the daily high of $64,168. $60,770. Just over seven hundred dollars away from breaking $60K. If this key round number is smashed tonight, weekend sentiment will most likely collapse. Altcoins are even worse: ETH dropped 10% to $1,594, SOL fell 7.6% to $64.56, and XRP couldn’t hold either, down 6% to $1.10. It’s been falling all day from morning to night; ADA, SUI, and NEAR have all been bloodied in a round of sell-offs, and now even BTC, the last line of defense, is barely holding. Today’s non-farm payroll data came in at 172,000, far exceeding expectations, delivering another blow to the Fed rate cut expectations. This bearish news hasn’t been fully digested tonight, and with institutions off over the weekend, no one is there to support the market. It only took one day to fall from $64K to $60K. If $60K breaks too, what will happen over the 48 hours of the weekend? The more I think about it, the harder it is to sleep. Are you choosing to cut losses and sleep tonight, or close your eyes and hold on until Monday?

Lying in bed ready to turn off my phone, I habitually checked the market — $BTC $60,362. It dropped from $64,400 during the day, down 5.74% in 24 hours. All day Friday, BTC held above $62K, the only green light while altcoins were getting slaughtered. In the afternoon, I even told a friend, "At least BTC didn’t crash, it should hold steady over the weekend." But in the evening, it couldn’t hold up either. $ETH dropped 9.88% to $1,602, $SOL around $65 down 7%, $XRP, which fell less than 1% during the day, is now down 5.6%, and $DOGE dropped 7% back to $0.083. The so-called "survivors" during the day all fell, not a single one left. Friday saw a sell-off from morning to night, altcoins were crushed in the morning session, and BTC was sold off in the late session. The negative impact of the non-farm payroll data is still unfolding, rate cut expectations are further suppressed, and market sentiment has completely collapsed. $60K is a key psychological level; if it doesn’t hold tonight, there’s likely more downside over the weekend. I checked before sleeping, and now I can’t sleep at all. Are you still daring to hold positions over the weekend tonight?

Tossing and turning in bed, unable to sleep, even with my phone screen brightness turned to the lowest, still staring at the market. BTC $60,867, intraday high $64,488, a pullback of over $3,600 in one day, nearly a 5% drop. When altcoins crashed across the board before, BTC was still holding up, but now it finally can't withstand it anymore. From the chart perspective, $60,000 is the most critical round number and psychological support right now. The lowest point today already touched $60,816, just one step away from sixty thousand. If this level doesn't hold, the next dense trading zone below is $58,000-$59,000, and further down is $55,000. The direct trigger for tonight's sharp drop is the non-farm payroll data. 172,000 new jobs far exceeded expectations, extinguishing market hopes for a Fed rate cut again. Strong employment = strong dollar = pressure on risk assets; this logic chain was perfectly demonstrated tonight. BTC, as the leader of risk assets, took the brunt first. Looking at ETH, $1,617, down 9.3%, much worse than BTC. ADA -15%, TON -14.5%, NEAR -14.8%, the altcoin sector is no longer just crashing, it's a systemic stampede. When BTC drops 5%, altcoins drop 15%; the multiplier effect of leveraged liquidations is vividly reflected in this market move. I tend to define this as a double blow of macro bearishness plus leveraged liquidation. The non-farm data is the fuse, but the long leverage piled up in the market is the real powder keg. What’s most worth watching now is whether BTC can hold $60,000. If it holds, there might be a technical rebound over the weekend; if it doesn't, the depth of this correction may need to be reassessed. What do you think, can sixty thousand hold? Or is this wave going to test fifty-eight thousand?

Just got home and collapsed on the sofa to check my accounts, $ETH -6%, $ADA -14%, $AVAX -7.7%, the screen is so green I thought my phone had eye protection mode on. Non-farm payrolls came in at 172,000, far exceeding expectations, crushing rate cut hopes. The entire crypto market experienced its worst week since July 2024, with altcoins bleeding heavily. Seeing ADA drop 14% in one day is something I last saw back in the Luna days. But I just came across some news that made me pause: BTC spot ETF saw a net inflow of $3.05 million yesterday, ending an epic 13-day, $4.4 billion cumulative outflow. ETH ETF also ended 17 consecutive days of bleeding. Although $3 million is just a drop compared to $4.4 billion, the sudden halt in large outflows somewhat indicates that panic selling might be nearing its end. Even more interesting, JPMorgan, Bank of America, and Citi announced today they will launch a shared tokenization network next year, directly challenging stablecoins. Retail investors are cutting losses while Wall Street is building positions. Does this script feel a bit familiar? Honestly, seeing this market on Friday night already made me numb. Now I just want to know, is this wave forming a bottom or will it keep crashing over the weekend? Are you guys still daring to open positions tonight? $BTC $ETH $AVAX

#Nonfarm Payrolls Released: Employment Increased by 172,000, Far Exceeding Expectations My phone vibrated, and I thought the food delivery had arrived, but it was a financial alert: Nonfarm employment up by 172,000, far surpassing expectations. I immediately sat up from the couch. This is the biggest bearish news tonight. With employment data this strong, expectations for a Fed rate cut are pushed further back. The dollar strengthens, risk assets all take a hit, and the crypto market is the first to suffer. Altcoins were already bleeding heavily today—ADA plunged 16%, SUI dropped 11%, ETH fell 7%—and now the nonfarm data delivers another heavy blow. The weekend is likely to be even tougher. BTC is currently at $61897, down just over 3%. Honestly, BTC held up relatively well today; the altcoins are the real victims. But with the nonfarm data out, next week's opening will likely face continued pressure. The Fed keeps saying "we'll watch the data," and now the data is telling you: don't expect rate cuts, at least not in the short term. The worst part is the timing tonight. It's Friday night, US markets have closed, but the crypto market runs 24/7, and you can only watch the numbers drop helplessly. Selling now risks missing a rebound, holding on risks further declines—this is the most tormenting. But looking at it from another angle, after all the bad news, good news follows. Strong nonfarm data means the economy isn't that bad, which might not be a bad thing in the long run. The key is whether you can hold through this short-term hit. Can you still sleep tonight? How are you planning to handle your positions?