[Matrixport: Bitcoin Fear Index Drops to 9%, Reaching Extreme Fear Zone, May Signal Short-Term Rebound] According to a report by Jinse Finance, Matrixport released its daily chart analysis stating, 'Our real-time Bitcoin Greed and Fear Index (currently reading 9%) has once again dropped below 10% (the index ranges from 0%-100%)—historically, this level indicates the market has entered an "extreme fear" state. From a strategic perspective, such readings are often followed by a short-term rebound in the market, which could serve as a contrarian bullish signal. However, we would prefer to see the 21-day moving average of this index also bottom out and rebound, which has not yet occurred. Coupled with last week's $1.2 billion outflow from Bitcoin exchange-traded funds (BTC ETFs), ongoing market uncertainty, and Bitcoin's price remaining below the 21-day moving average, current market sentiment remains relatively fragile. Until a clear macroeconomic or policy catalyst emerges to shift the market narrative, maintaining a cautious stance remains the prudent approach.'