Newfire Research Institute: The Fear & Greed Index has returned to 40, and the formation of a temporary bottom may have been completed.

PANews reported on March 18th that Newfire Research Institute released its latest analysis, stating that the crypto market is demonstrating strong independent resilience. During the trading week of March 11th to 18th, while the Nasdaq index fell 1.26% for the week, Bitcoin bucked the trend, rising 5.66% over the seven days. Ethereum performed even stronger, with a weekly gain of 13%. Currently, the CoinMarketCap Fear & Greed Index has returned to above 40, and CoinGlass data shows it at 27, both having moved out of the extreme fear zone since November of last year. Newfire Research Institute believes this signifies that market confidence has rapidly recovered from its low point, and the phase of accumulation and bottom building is essentially complete.

Newfire Research Institute stated that it is optimistic about a full recovery in crypto assets, with Bitcoin and Ethereum leading the gains among asset classes, and Ethereum having a better chance of becoming the best-performing asset in 2026. Regarding the market outlook, the crypto market is currently experiencing its first recovery in both liquidity and market sentiment since November of last year, making it a highly cost-effective time to build positions for medium- to long-term investors. However, given the continued instability of the external macroeconomic environment, overly aggressive strategies are not recommended. Investors should pay close attention to the Federal Reserve's latest statement regarding the pace of future interest rate cuts tomorrow morning.