Analysis: Cryptocurrency Fear and Greed Index continues to rise, may usher in a bottoming rebound

Odaily Planet Daily News CoinDesk analyst Shaurya Malwa said that the cryptocurrency panic and greed index has been in the "extreme fear" range for many consecutive days, indicating that the price of Bitcoin may be bottoming out and will rise in the coming weeks. Similar situations have previously triggered a 200% rise in BTC. Bitcoin and several major tokens, including Cardano's ADA, Solana's SOL and xrp (XRP), soared on Sunday after Trump announced the establishment of a US strategic crypto reserve. Trump's tariff statements on Canada, Mexico and China further affected the market, and traders are currently waiting for the upcoming White House cryptocurrency summit to provide more clear information to guide future positioning.