extreme fear is a data point
Fear & Greed at 14 is textbook capitulation territory. But I've been watching order book depth on a few L2 tokens and liquidity is actually thicker than last time we hit these levels.
Not calling a bottom — that's a fool's game. But extreme fear in crypto historically means the people who panic sell are the ones who buy back higher. I keep accumulating slowly while it's quiet.
Building through the noise. That's the play.
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