Storm Before the Storm: Fear and Greed Index 10, The Beginning of ‘Concentrated Investment’ in Bitcoin
KOSPI recorded a severe decline of -3.22%, further dampening investor sentiment, but BTC only saw a relatively mild movement of -1.75%. With the Fear and Greed Index at 10, ‘Extreme Fear’, Glassnode’s data is revealing unexpected movements. The fact that over 200,000 BTC have been net purchased over the past two weeks suggests that market participants’ ‘long-term investment perspective’ remains strong despite short-term price declines. This can be interpreted as not simply waiting for a ‘selling opportunity’ but reflecting the psychology of investors focused on ‘value investing’.
Glassnode Data: The Existence of ‘Silent Buyers’
Glassnode’s data helps to deepen our understanding of the Bitcoin market’s flow. The fact that over 200,000 BTC have been net purchased over the past two weeks doesn’t appear to be due to ‘short-term volatility’ alone. This indicates that institutional investors, or ‘silent buyers’, are consistently applying buying pressure to the market. Their movements can be an important indicator of anticipating trends.
| Indicator | Value | Description |
|---|---|---|
| Bitcoin 2-Week Net Purchase | 200,000 BTC | Despite overall market decline, continues to purchase net |
| KOSPI Decline | -3.22% | Reflects overall market anxiety |
| Bitcoin Price | 104,654,000 Won | Relatively stable amidst market volatility |
| Fear and Greed Index | 10 (Extreme Fear) | Extreme fear psychology |
Korean Investors, What Should They Do Now?
Currently, the market situation is posing several important questions to Korean investors. First, they should be wary of hastily cutting losses driven by ‘fear.’ Second, they should believe in the ‘value’ of Bitcoin from a long-term perspective. Third, they should analyze the impact of the KOSPI decline on the Bitcoin market.
Although the current Fear and Greed Index is in ‘Extreme Fear’ status, it is understandable to fully comprehend short-term price fluctuations. However, Glassnode’s data shows that the fundamental trend of the market is much more important than short-term fluctuations. Therefore, Korean investors should maintain a long-term investment strategy based on believing in the ‘value’ of Bitcoin, rather than making investment decisions impulsively driven by ‘fear’.
Furthermore, they should closely analyze the impact of the KOSPI decline on the Bitcoin market. Generally, stock markets and cryptocurrency markets are not correlated, but overall market anxiety can also affect the cryptocurrency market. Therefore, Korean investors should continuously monitor the impact of the KOSPI decline on the Bitcoin market and adjust their investment strategies accordingly.
Beacon to the Future: Bitcoin, Will its Long-Term Investment Value Persist?
The Bitcoin market is constantly evolving. Glassnode’s data provides important information for understanding market trends, but predicting the future is impossible. However, based on the current market situation and Glassnode’s data analysis, we can positively evaluate the long-term investment value of Bitcoin. In particular, the continued buying pressure of ‘silent buyers’ suggests that Bitcoin has the potential to rise in the long term.

Image Description: An anime-style illustration of Bitcoin and a lighthouse, symbolizing hope in a storm. It expresses faith and unwavering belief.
Disclaimer: This report is not investment advice, and investment decisions should be made at your own discretion and responsibility.





