The Fear & Greed Index has fallen to 10, down from 63 a month ago.

Updated this morning: the index is at 10, indicating extreme fear. It was 13 yesterday, 28 a week ago, and 63 a month ago—sliding from greed all the way down to single digits.

$BTC is currently around $63,899, down 6.5% on the day, with an intraday low of $63,320; $ETH is around $1,756, down 9.0% on the day, with an intraday low of $1,729. Prices are falling, but sentiment is falling even faster.

Backtesting data for the past year: when the index is in the extreme fear zone, the average return over the following 7 days is 1.9%, with positive returns 59% of the time. But over the following 30 days, the average return is -3.7%. There have been short-term oversold bounces, but a mid-term recovery has yet to materialize.

My take: the index dropping into single digits means panic is out in the open, which is actually easier to assess than a situation where people are still unsure. Next, watch two things: whether BTC can hold $63,000 and whether the index can first stop falling and turn back up. If $63,000 doesn't hold, the next level to watch is the $60,000 mark; for a rebound, the first level to watch is the 200-week moving average at $68,000. Being oversold doesn't mean the bottom is in, and sentiment bottoming doesn't mean prices have bottomed.

Data as of: 2026-11-15 00:35 UTC
For informational purposes only; this is not investment advice.