The Fear & Greed Index dropped to 20 today, down from 28 yesterday. One step away from sliding out of fear and into extreme fear.
The bearish voices are almost drowning everyone out. Santiment’s social media long/short ratio: $BTC 0.82, $ETH 0.88. XRP is even worse at 0.49—almost nobody is willing to speak up for it. Money is flowing out, too: U.S. spot $BTC ETFs have seen net outflows of $2 billion over nearly three weeks, while $ETH ETFs have recorded outflows for seven weeks in a row, totaling more than $2.1 billion. Stablecoin supply has shrunk by $14.2 billion in 30 days. No new money is coming in at all.
It’s hard to say whether this is an opportunity. When sentiment gets this extreme, history shows a technical rebound often comes first—but only if prices stabilize on their own. Otherwise, it’s all for nothing.
Below $BTC , $68,000 is key support—that’s what the liquidation heatmap points to. Above that, $73,200 is the 200-day moving average, followed by $75,000.
After a drop like this, I’m actually less panicked. I just want to see whether things can hold over the next couple of days.
$BTC $ETH #FearAndGreedIndex
The bearish voices are almost drowning everyone out. Santiment’s social media long/short ratio: $BTC 0.82, $ETH 0.88. XRP is even worse at 0.49—almost nobody is willing to speak up for it. Money is flowing out, too: U.S. spot $BTC ETFs have seen net outflows of $2 billion over nearly three weeks, while $ETH ETFs have recorded outflows for seven weeks in a row, totaling more than $2.1 billion. Stablecoin supply has shrunk by $14.2 billion in 30 days. No new money is coming in at all.
It’s hard to say whether this is an opportunity. When sentiment gets this extreme, history shows a technical rebound often comes first—but only if prices stabilize on their own. Otherwise, it’s all for nothing.
Below $BTC , $68,000 is key support—that’s what the liquidation heatmap points to. Above that, $73,200 is the 200-day moving average, followed by $75,000.
After a drop like this, I’m actually less panicked. I just want to see whether things can hold over the next couple of days.
$BTC $ETH #FearAndGreedIndex