2026年4月7日股市即時：S&P 500 (SPY) 隨著停火希望渙散而變紅

The Fear and Greed Index has held at extreme fear for 46 consecutive days, and historically buying below a reading of 15 has returned a median of 38.4% within 90 days.

Bitcoin, Ethereum, Solana, and XRP are all trading between 45% and 70% below their peaks, but each has specific April catalysts ranging from ETF inflows and network upgrades to the CLARITY Act markup that could trigger recoveries.

All four cryptos carry downside risk from the U.S.-Iran conflict and macro pressure, but the current extreme fear environment has historically rewarded buyers who accumulated at these levels rather than those who waited for confirmation.

Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Ground Picture / Shutterstock.com

The crypto market has been under pressure for weeks, and it shows in both price and sentiment. The Fear and Greed Index is sitting at 12, deep in extreme fear, and has been at that level for more than 46 consecutive days—the longest stretch since the Terra collapse in June 2022.

The top four cryptos by market cap have been steadily declining since they peaked last year. Bitcoin (CRYPTO: BTC) is down 47% from $126,000, Ethereum (CRYPTO: ETH) is down 59% from $4,950, Solana (CRYPTO: SOL) is down 70% from $294, and XRP (CRYPTO: XRP) is down 60% from $3.65. Right now, the rising tensions from the U.S.-Iran war has pushed oil prices above $100, while fading hopes of rate cuts and higher yields have driven investors away from crypto.

With the market in extreme fear as April rolls on, many investors are asking what’s the best crypto to buy right now.

What Happened the Last Time the Market Experienced This Level of Fear?

Extreme fear at this level has been rare, and when it shows up, it usually marks moments of maximum uncertainty. Since the fear and greed index launched in 2018, readings of less than 10 have appeared fewer than 20 times. Each instance came during periods when market confidence had almost completely broken down due to massive sell-offs.

In March 2020, the COVID crash rattled the markets and the Index dropped to 8. But Bitcoin went on to gain more than 300% in value within the subsequent 12 months, delivering huge returns to those who held through the panic. A similar pattern played out in June 2022, when the Terra collapse pushed the index to 6. Bitcoin traded near $16,000 at the time and later climbed past $73,000 before the 2024 halving event, leaving buyers from that period firmly in profit.

Across these moments, the pattern remains consistent. When fear reaches extreme levels, the market tends to be closer to a bottom than a top. Historically, buying when the index has been below 15 has returned a median of about 38.4% within 90 days, which shows the market almost always rebounds whenever readings drop very low for a long period.

The gap between fear and opportunity becomes clearer when you look at how different investor groups react. While retail investors reduce their exposure, whales and institutions are moving in the opposite direction. For instance, Strategy has continued to build its Bitcoin position, holding over 766,970 Bitcoin after adding more than 85,000 BTC in the first quarter of 2026 alone. At the same time, spot Bitcoin ETFs recorded $1.32 billion in net inflows in March, marking the first positive month after a string of outflows.

This shows that when fear reaches this level, the question usually shifts from whether to act to what to buy—and extreme fear readings usually mark the lowest entry points before the market recovers.

4 Cryptos Worth Buying While Everyone Else Is Selling

While most people are focusing on avoiding more losses, smart money is quietly positioning at lower prices in anticipation of a recovery. But as an investor, not every dip is worth buying. That’s why this list focuses on the top four cryptos offering asymmetric upside despite near-term risks in the crypto market.

Crypto Price Decline from Peak Key April Catalyst Price Target

Bitcoin $67,000 45% Macro conditions improving $95K–$120K

Ethereum $2,050 60% Lesser layer 2 activities affecting mainnet $4,500–$7,500

Solana $80 70% DEX volume surpassing ETH and ETF approvals pending $150–$260

XRP $1.32 60% CLARITY Act markup in late April $2.50–$4.00

1. Bitcoin Historically, every time market sentiment reaches extreme fear, Bitcoin has been the first asset to recover. The Fear and Greed Index dropping below 10 has consistently marked strong entry points for BTC, often leading to 40 to 60% gains within the following year. At around $67,000, Bitcoin is trading 45% below its peak, making it attractive for investors looking to accumulate at a discount.

What strengthens Bitcoin’s position as one of the best cryptos in April is the continuous interest from institutions. Strategy acquired over 85,000 BTC in Q1, and Bitcoin ETFs have pulled in $55.96 billion in cumulative inflows and now hold $86.22 billion in net assets. When institutional interest increases during downturns, it usually signals that they’re expecting the market to flip bullish. The most recent example happened in 2024 where Bitcoin broke $73,000 in Q1 due to increased institutional inflows from ETF approvals.

While macro factors like the escalation in the U.S.-Iran conflict could push Bitcoin below $60,000, such scenarios have historically created strong price points for recoveries. For investors looking beyond the present market volatility, history suggests these levels have rewarded patience in previous cycles.

2. Ethereum Ethereum has taken the deepest hit among the major assets, and is now trading about 60% below its $4,950 high. But the drawdown is exactly what is attracting retail and institutional capital. Ethereum is second on this list because its core utility has not weakened. Ethereum remains the backbone of DeFi, with the majority of on-chain financial activity still settling on its network.

The Ethereum Foundation has continued to demonstrate its commitment by staking over 45,000 ETH toward a broader target of 70,000 ETH. If monetary conditions ease later in the year, Ethereum is one of the most likely destinations for rotating capital from Bitcoin and even financial institutions, given its reputation as an infrastructure for tokenized assets.

There are risks, such as growing competition, which is currently causing many to migrate to faster chains. However, Ethereum’s network depth, institutional inflows and liquidity make the current position attractive to long-term investors.

3. Solana Solana currently hovers near $80 after a 70% decline from its $294 peak. The massive drop makes the SOL a more risky bet, but it also presents the largest upside opportunity among the four cryptos if market sentiment shifts.

Network activity on Solana has remained strong despite the price drop. Decentralized exchange volume reached $57 billion in March, while DeFi value tied to real-world assets climbed to $465 million. The Alpenglow upgrade, expected in 2026, aims to reduce transaction finality to 100-150 milliseconds. The upgrade passed a governance vote with 98.27% in favor, cementing Solana’s positioning as one of the fastest execution layers available.

4. XRP XRP is entering one of the most structurally bullish setups it has seen in years. It recently became the only major crypto with full commodity classification from both the SEC and CFTC, removing a layer of uncertainty that has held it back for years.

The regulatory clarity is already reflecting in demand, with XRP ETFs attracting about $1.21 billion in cumulative inflows. At $1.30, XRP offers one of the most affordable entry points among the crypto top 10 relative to where it traded last year. Market attention is now on the CLARITY Act markup expected in late April, which could open the door for pension funds and sovereign wealth capital to enter the market.

How to Think About Buying Crypto at a Fear Index of 12

Buying during periods of extreme fear has worked over time, but it rarely feels comfortable in the moment. Some investors prefer to spread entries across weeks rather than committing everything at once, especially in a market that is still reacting to external pressure.

Progress on the CLARITY Act or any resolution in the U.S.-Iran conflict would change how risk is priced across markets. If neither the CLARITY Act advances nor geopolitical tensions ease, prices may stay low for longer. Nonetheless, steady institutional accumulation suggests some investors are expecting the market sentiment to change soon. Right now, the market is pricing everything going wrong, and when things go right, the upside could be significant.