As the market’s soul trembles with a sensitivity akin to a trembling leaf in a storm, cryptocurrencies have plummeted like a love-struck poet into the abyss, their prices reverting to the desolate plains of bygone years.
While the high market volatility has sparked fear, the crypto experts, with a wink to the past, urge investors to dance to the contrary rhythm, for what is fear but a fleeting shadow in the grand tapestry of speculation?
Metaplanet’s Gerovich quotes Buffet amid market fear
On Saturday, Feb. 7, the Metaplanet CEO, with a nod to the sage Buffett, stoked the crypto cosmos, as CoinMarketCap’s Crypto Fear and Greed Index plunged into the abyss of extreme fear, a spectacle as dramatic as a Shakespearean tragedy.
The post, a call to arms for greed in the face of fear, ignited debates as fervent as a midnight tavern brawl, accompanied by a chart that resembled a rollercoaster ride through the psyche of investors.
Earlier today, the crypto analytics platform reported its Fear and Greed Index descending to one of the lowest levels seen in recent months, a testament to the panic that grips the market like a feverish dream.
Though this often heralds sell-offs and chaos, it is no wonder Bitcoin, that fickle lover, has plunged to retest the $60,000 threshold, a level unseen in two years, as if the market itself were weeping.
By invoking Buffet’s wisdom, the CEO suggested that the current crypto downturn is but a fleeting shadow, promising riches to those brave enough to seize the moment-though one wonders if the CEO has ever actually held a cryptocurrency without sweating bullets.
CoinMarketCap Fear and Greed Index goes extreme
While Gerovich appears to be indirectly urging resilience, the CEO’s charts, adorned with cycles of despair and recovery, resemble the ebb and flow of a tragic romance, where every bottom is followed by a bittersweet rise.
The post, however, is a curious blend of hope and hubris, as if suggesting that the market’s tears will soon turn to laughter, though one might question the CEO’s own investments in this volatile realm.
This is mirrored in Bitcoin’s current price, which has suddenly reclaimed the $70,000 level, as if the market itself had taken a deep breath and exhaled in relief-only to immediately panic again, of course.
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2026-02-07 17:00