When the fear index drops to 34, the entire market indeed cools down. But data often reveals a truer picture than emotions — the number of active addresses on the Ethereum network is already hitting new all-time highs, reflecting genuine ecosystem enthusiasm heating up behind the scenes.

It may seem contradictory, but it’s actually quite reasonable. On one side is short-term panic, and on the other side, on-chain data is quietly accumulating. Whales are hoarding gold for risk aversion, while blockchain concept stocks are rising in unison. This signal is very clear — institutions are choosing sides.

Those who are scared away by the volatility are often the ones who chase the high later. Those who truly understand tend to stay calm at this time because they focus on the long-term value of core assets. Short-term fluctuations are like the calm before the storm; the tighter the pressure, the stronger the rebound will be.

Hold on to the coins you truly believe in, and don’t be scared into frequent trading by K-line ups and downs. The big cycle return in 2026 is right in front of you, and patience now will pay off as gains then.