The crypto market sentiment has plunged deep into Extreme Fear, with the Fear & Greed Index currently sitting at 12. This marks a sharp decline in investor confidence as volatility and uncertainty continue to dominate the market.
Just yesterday, the index stood at 13, while last week it dipped even lower to 9. Compared to last month’s neutral level of 49, the shift in sentiment highlights growing caution among traders. The yearly low was recently recorded at 5, signaling one of the most fearful periods in the past 12 months.
Meanwhile, the total crypto market cap has declined by 2.11%, now standing at $2.29 trillion, while 24-hour trading volume has dropped 10.74% to $77.99 billion.
Historically, extreme fear zones have often attracted long-term investors looking for potential buying opportunities. However, short-term volatility may remain high as the market searches for stability.
Stay cautious, manage risk properly, and watch key support levels closely. #CryptoPatience #BuyTheDip #CPIWatch 