According to @CryptoMichNL, the crypto Fear and Greed Index dropped to 6, indicating extreme fear by this market sentiment gauge (source: @CryptoMichNL). According to @CryptoMichNL, Short-Term PnL has reached its lowest reading ever (source: @CryptoMichNL). According to @CryptoMichNL, the current crash is impacting these indicators more severely than the COVID-19 and FTX selloffs (source: @CryptoMichNL). According to @CryptoMichNL, this backdrop supports a buy-the-dip strategy for traders seeking capitulation-driven entries (source: @CryptoMichNL).