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Just noticed BTC bounced back above $74K today - miners seem to be in better spirits after that AI selloff finally eased up a bit. The fear index had been pretty elevated last week but it's starting to normalize, which might explain why we're seeing some real buying pressure from the mining side.
What's interesting is how quickly the narrative shifted. A few days ago everyone was panicking about tech stocks and AI rotation, but now that things have calmed down, miners are actually profitable again at these levels. The fear index cooling down usually means more stable conditions for mining operations, and we're definitely seeing that reflected in the market action.
Still keeping an eye on whether this holds or if we get another dip. But the fear index readings suggest we might finally be past the worst of the panic. If miners keep accumulating at these prices, could be a decent signal that we're stabilizing around this range.