Industry insiders: The number of days with fear sentiment has reached 23 in the past month. After BTC fell below 58,000 US dollars, short-term investors chose to exit in panic

Lin, the head of Deribit's Asia-Pacific business, posted on platform X that in the past month, the market greed index has shown fear for as many as 23 days, accounting for 76.67%. Last night, BTC price fell below $58,000 USD causing a large number of short-term investors to panic and exit. This also indirectly reflects that the current market is dominated by emotions. Under conditions of low liquidity and turnover rate, many investors choose to wait and see or even quickly withdraw when prices drop slightly.