I noticed that K33 is saying that Bitcoin hit the lows of late 2022. Interesting because during that period, the market was completely pessimistic, the fear index was at historic lows, and everyone was selling in panic.

According to them, if we look at the chart, those levels could represent an important support. Of course, it's not a guarantee, but it's the kind of data traders look at when trying to understand where the market might find a bottom. The fear index can be a good indicator in these moments to gauge overall sentiment.

The interesting point is that when the fear index was so low in 2022, many thought it was the end. Now K33 suggests that those levels could have significance. If Bitcoin stays above these supports, it could mean that the market is finding stability, even if the fear index continues to fluctuate. We'll see how the price reacts in the upcoming movements.