Crypto Market Sentiment Inches Upward, Yet Remains Mired in Extreme Fear Territory

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The cryptocurrency market’s emotional barometer continues to reflect deep pessimism. Based on Coinglass data sourced from MarsBit, the Fear & Greed Index has moved to 24—a modest 3-point increase from yesterday—still firmly planted within the extreme fear zone that signals substantial investor anxiety.

Market sentiment metrics paint a concerning picture. The 7-day average sits at 17, while the 30-day average rests at 21, both readings underscoring the persistent bearish mood gripping the crypto space. Despite the marginal uptick in today’s index reading, these rolling averages demonstrate that apprehension remains deeply entrenched across market participants.

What these numbers reveal is a market dominated by fear rather than optimism. The Fear & Greed Index remains dangerously close to its lowest extremes, suggesting investors are bracing for further downside or remain unconvinced by recent price movements. The minimal upward movement offers little comfort when broader sentiment indicators continue to flash warning signals.

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