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The latest data from the cryptocurrency market shows that in the current long-short strength comparison, the bullish side accounts for 60.3%, while the bearish side accounts for 39.7%, indicating an overall tendency towards the bulls. However, it is worth noting that the Fear and Greed Index is currently at 24, and market sentiment has already fallen into extreme panic. This contradictory phenomenon between the long-short ratio and market panic sentiment reflects that although most investors remain optimistic, the actual psychological pressure is immense. In such a market environment, traders need to observe subsequent trend changes more cautiously.