📊 The Crypto Fear & Greed Index currently stands at 23, signaling "EXTREME FEAR" in the market. This reading suggests strong bearish sentiment among investors.
According to analysis from Bitfinex, sellers in the $BTC market appear to be exhausted within this extreme fear territory. This observation often precedes potential shifts in market dynamics.
Traders are closely monitoring $BTC for upcoming price action.
Reference: BTCUSDT.
