What can three weeks change? The answer is: the entire market sentiment.



Goldman Sachs’s Panic Index just completed a textbook rollercoaster—from near historical highs plummeting to low ranges. What secret lies behind such a dramatic reversal?

Don’t naively think the market just calmed down on its own. The truth is more straightforward: the Federal Reserve’s monetary policy shift is like an invisible baton, with sentiment swinging according to policy expectations, while fundamentals take a backseat.

Who’s the real mastermind? It’s not Wall Street traders or retail investors’ FOMO—it’s the Fed’s precisely calibrated hand. When policy signals shift, risk assets immediately change direction, and highly volatile assets like Bitcoin are hit first.

The market has never truly been free; it’s just been tamed in a very subtle way.
BTC-0.75%
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BottomMisservip
· 12-12 22:15
Whenever the Federal Reserve speaks, retail investors like us have to follow the dance, that's the reality haha To put it simply, policy decisions still hold the power, and the fundamentals have long become background music A three-week reversal so fierce, luckily I didn't chase the highs, otherwise I would be green in the face now Market freedom? Don’t be ridiculous, it’s always a game of intertwined traps The panic index is so impressive, it seems we need to reassess risk assets again Policy expectations fluctuate, Bitcoin dances along, truly amazing We are always the last to know
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BlockBargainHuntervip
· 12-11 20:18
I'm a tech guy; I can't understand these vague emotional theories, I still have to look at on-chain data to speak. The Federal Reserve is just that, I anticipated it long ago, the problem is retail investors keep getting wrecked. What can three weeks change? It only changes whose wallet is affected, haha. To put it plainly, it's still policy game theory; fundamentals have already been marginalized, this is how the crypto world operates. If the market is well-behaved, we make money; if not, liquidations happen, it's very fair. The fear index swings like a roller coaster, retail accounts also swing like a roller coaster, just in the opposite direction. When policy expectations change, risk assets flee; this is the current market logic, don’t take it too seriously.
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SudoRm-RfWallet/vip
· 12-09 22:43
When the Fed waves its baton, we all have to dance along. Changing the market sentiment in three weeks... To put it plainly, policy expectations are playing mind games, and fundamentals have completely become just a backdrop. Is Bitcoin the first to be affected? Of course, high-volatility assets are the most sensitive to this kind of move.
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RunWithRugsvip
· 12-09 22:41
As soon as the Fed makes a move, the crypto market dances along—this game is easy to see through. You might think you’re trading, but in reality, you’re just a puppet to policy. The fear index has been on a roller-coaster for three weeks; to put it bluntly, expectations are shifting. Fundamentals? No one’s been paying attention to those for a long time. Bitcoin takes the brunt, that’s for sure—high-volatility assets suffer the most. Market freedom? Ha, as long as the Fed still holds the remote control. The real puppeteer is well hidden, while most people are still staring at candlestick charts.
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AlphaWhisperervip
· 12-09 22:23
When the Fed moves, everything shakes—those are the rules of the game, nothing more to say. Retail investors really think they're trading, but they're just puppets on strings. A drop from all-time highs to the bottom in three weeks—what does that tell you? Fundamentals are worthless; policy expectations are what really matter. This Bitcoin reversal is just a signal. Wait and see what happens with the next policy shift. Market freedom? Keep dreaming. Anyone who gets it knows what the game really looks like.
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BasementAlchemistvip
· 12-09 22:22
You're absolutely right. As soon as the Fed takes action, BTC immediately falls in line. In just three weeks, they managed to slam the fear index back down—this move is truly incredible.
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StealthDeployervip
· 12-09 22:21
You can tell the Fed’s power as soon as they make a move—retail investors like us are just the ones getting trapped and taken advantage of.
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