I just noticed that the crypto fear and greed index has dropped to 20 — this is an extreme level of panic in the market. The sentiment is truly bleak. Bitcoin has declined to 78.98K over the past few days, although it has still risen by 6.77% over the week, and Эфир is trading around 2.40K with an increase of approximately 3.29% for the week.



Usually, when the crypto fear and greed index shows figures like these, everyone panics and sells. But here’s an interesting observation: major companies like Mastercard and JPMorgan are not stopping their crypto initiatives. They’re even actively hiring. It looks like a mismatch: some are panicking, while others are investing.

Analysts say that the crypto fear and greed index at such extreme levels often coincides with market reversals. This is the lowest reading this year, but history shows that when everyone is in fear, it can be a good entry point. I’m just watching how the market reacts to this volatility.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin