Bitcoin fluctuates around $65.1k with swings of $6.51×10^4, “Fear 29” reigns—on FeiShen, the crypto market remains in a bear phase as the industry waits for a clear direction.

Bitcoin traded in a tight range around $64.5 thousand on Monday (the 20th), with a slight 0.35% drop over the past 24 hours. Ethereum, SOL, and XRP edged up against the trend. The Fear and Greed Index rose back to 29, with market sentiment still cautious. Last Friday, US stocks saw a sharp sell-off in the semiconductor sector, and the PHLX Semiconductor Index slipped into a technical bear market.
(Background recap: legendary trader Peter Brandt: Bitcoin could fall as low as $40k, with a real bottom not seen until October 2026)
(Background supplement: Grayscale released its 2026 outlook: the four-year Bitcoin cycle ends, but the Trump bull market is not over yet—“new highs soon”)

Table of contents

Toggle

• Bitcoin｜Tight range around $64.5 thousand
• Ethereum, SOL, XRP rise against the trend
• Liquidations across the entire network in the past 24 hours total $119 million, with nearly 70 thousand people liquidated
• Semiconductor slump drags down US stocks, with the Philadelphia Semi Index officially entering a bear market
• Fear index hits a low for eight straight days, market sentiment remains weak

On Monday (the 20th), Bitcoin traded narrowly around $64.5 thousand, slipping 0.35% over the past 24 hours, failing to extend the weekend’s brief rebound momentum. Ethereum, meanwhile, showed relative strength, up 0.6% to reclaim $1,872. SOL and XRP also moved higher in sync, with gains of 1.34% and 0.21%, respectively. In terms of market sentiment, the Fear and Greed Index inched up from 28 the previous day to 29. For nearly eight days, it has remained in the “Fear” or “Extreme Fear” zone, suggesting investors are still generally cautious.

Bitcoin｜Tight range around $64.5 thousand

Bitcoin is currently at $64,564. In the past 24 hours, the highest reached $65,107 and the lowest dipped to $64,280, for an overall volatility range of less than 1.3%. Looking at the 14-day range, BTC surged to $65,385 on July 15—its highest level in the past two weeks—before falling back to current levels. The swing low was $61,641 on July 9. As for trading volume, the past 24 hours saw $560 million, indicating the market is still waiting for directional signals.

Ethereum, SOL, XRP rise against the trend

Ethereum is currently at $1,872.26, up 0.6% over the past 24 hours. The intraday high was $1,891.71. Over the last 14 days, Ethereum hit a peak of $1,931 on July 15 before pulling back slightly. The swing low was $1,721 on July 9. SOL was the standout performer, up 1.34% over the past 24 hours to $76.63. The 14-day high was $82.73 on July 7, while the low was $74.08 on July 17. XRP is at $1.0968, up slightly 0.21%. The 14-day high was $1.154 on July 6, and the low was $1.057 on July 14.

Liquidations across the entire network in the past 24 hours total $119 million, with nearly 70 thousand people liquidated

In the derivatives market, according to CoinGlass data, as of the time of writing, a total of 67,745 traders across the network were liquidated in the past 24 hours, with total liquidation amounts of about $118.66 million. Long liquidations totaled $48.97 million, while short liquidations totaled $69.70 million—shorts accounted for nearly 60%. This suggests that during the consolidation period, leveraged positions betting on a decline were actually hit with larger losses. The largest single liquidation occurred on the Binance ETH/USDT trading pair, worth about $1.11 million.

Semiconductor slump drags down US stocks, with the Philadelphia Semi Index officially entering a bear market

Last Friday (the 17th), Wall Street closed broadly lower, with the semiconductor sector seeing large-scale sell-offs. The Dow Jones Industrial Index fell 406.55 points (0.77%) to close at 52,146.42. The S&P 500 fell 1.01% to close at 7,457.69. The Nasdaq Composite fell 1.40% to close at 25,520.24. The Philadelphia Semiconductor Index dropped another 1.63%. From the historical high on June 22, the cumulative decline has reached 20.2%, putting it officially into a technical bear market. Concerns about AI valuation bubble, continuing geopolitical tensions in the Middle East, and the new round of earnings season tests all mean that near-term selling pressure on chip stocks is still hard to fade.

Fear index hits a low for eight straight days, market sentiment remains weak

The Fear and Greed Index is at 29 today, up slightly from 28 the previous day. For the past eight days, it has continued to stay in the “Fear” or “Extreme Fear” range. Looking back at the past week’s trend, the index rebounded to 29 from a low of 22 on July 14 (Extreme Fear), but it has still not escaped the bearish zone. Historical data shows that when the Fear index stays below 30 for a long time, it often means market panic sentiment has already been fully released; however, it may also come with further downside risk. In the recent period, the options market’s Put/Call ratio for Bitcoin has fallen to 0.59, a new six-month low, indicating that some traders have started positioning for call options. However, overall capital flows remain on the conservative side.