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#CryptoMarketPullback
Sentiment – Crypto Fear Deepens as the Fear Index Falls to 9
Hey friends, the fear is real right now! 😱 The Crypto Fear & Greed Index just plunged to 9 – that's Extreme Fear territory, the lowest since the dark days of 2022 FTX collapse. We're talking single-digit panic levels not seen often in Bitcoin's history, with massive liquidations ($2-3B+ in 24h at peaks), ETF outflows, and everyone dumping risk assets.
This isn't just noise – it's capitulation. When sentiment hits rock bottom like this (oversold RSI, record realized losses), history shows violent rebounds follow. Remember 2022 lows? Fear at single digits preceded massive recoveries. Right now, with BTC bouncing from $60k toward $70k, it feels like the flush is mostly done – weak hands out, strong hands loading.
But is this the absolute bottom, or more pain ahead? Extreme fear often = best buy zones long-term, but short-term volatility is brutal. Are you feeling the fear or seeing opportunity? What's your sentiment reading today – still scared or starting to buy? Drop it below! 🔥 #GateSquareDaily #BTC #FearAndGreed