The panic index drops to 9! Cryptocurrency market sentiment hits a new low this year. Can Bitcoin break out of the "extreme panic zone"?

GateNews
BTC4,55%
ETH7,08%
SOL4,12%

Cryptocurrency market sentiment continues to weaken, with the Fear and Greed Index released by CoinMarketCap plummeting to 9, entering the “Extreme Fear” zone, indicating a significant decline in investor confidence. This figure is not only below the 15 recorded a week ago but also well below the neutral level of 41 last month. It previously touched an annual low of 5 on February 6, highlighting the rapid shift in sentiment.

CoinMarketCap points out that the index uses a scoring system from 0 to 100, with lower values representing greater market fear. Its calculation model is based on five major dimensions, including mainstream asset price momentum, implied volatility indicators for BTC and ETH, put/call ratios for options, stablecoin supply proportions, and platform social interaction activity. This system attempts to quantify traders’ true psychological states behind price fluctuations.

From a price perspective, Bitcoin is currently fluctuating around $70,500, with a 24-hour trading volume of approximately $42.8 billion; Ethereum hovers near $2,096; Solana around $87.6. Although major cryptocurrencies have recovered somewhat after a sharp decline last week, the total market capitalization of the crypto market has also returned above $2.4 trillion, but the sentiment indicator has not warmed up accordingly, reflecting that funds remain cautious.

Historical experience shows that the Fear Index below 10 often appears during periods of market stress. U.S. regulators have also pointed out that extreme fear may indicate undervaluation, while extreme greed could suggest bubble risks. As Warren Buffett famously said, market sentiment often breeds turning points at extreme moments.

CoinMarketCap also reminds that this index is not an independent trading signal but more of a sentiment reference tool, best used in conjunction with technical analysis, capital flow data, and macroeconomic indicators. In the current environment, although sentiment remains low, signs of price stabilization are emerging. Upcoming macro events and liquidity changes may determine whether Bitcoin can escape the “Extreme Fear” zone.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Reclaims $76,000 as US March PPI Misses Forecasts

Bitcoin surged past $76,000 following lower-than-expected US Producer Price Index data for March 2026, which indicated a 4% year-over-year increase. The rise reflects strong market support despite declining leveraged positions.

GateNews16m ago

BTC 15-minute rise of 0.64%: a technical breakout of key resistance combined with weak liquidity amplifies volatility

2026-04-14 15:30 to 15:45 (UTC), BTC saw short-term fluctuations within the 74,795.5 to 75,319.3 USDT range, with a return of +0.64% and a range of 0.70%. During this period, market attention warmed up, volatility intensified, trading volume rose slightly compared with the previous hour, and short-term buy orders pushed the price upward quickly. The main driver of this unusual move was BTC’s short-term technical breakout above the 74,000 USDT key resistance, which generated a long signal and triggered rapid responses from quantitative and programmatic buy orders. At the same time, because the order book depth has been rising since 2025

GateNews21m ago

Bitcoin Reclaims $75,000 for Second Time Since US-Iran Conflict, Up 7% in 24 Hours

Bitcoin surged to $75,000 amid rising U.S.-Iran tensions, adding $98 billion to its market cap and causing $500 million in liquidations. Technical analysts suggest that holding support above $67,000 could lead to an increase toward $80,000, despite highlighting $50,000 as a critical level if support fails.

GateNews58m ago

BTC 跌破 75000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 75000 USDT,现价 74993.6 USDT。

CryptoRadar1h ago

Goldman Sachs files a Bitcoin premium income ETF application with U.S. regulators

Gate News message, according to the submitted filings, Goldman Sachs has filed an application with regulatory authorities for a Bitcoin Premium Income ETF.

GateNews1h ago

Whale "pension-usdt.eth" Faces $11.7M Loss on BTC and ETH Short Positions

Gate News message, as the market rises, whale "pension-usdt.eth" is now sitting on a floating loss of over $11.7M on its $BTC and $ETH 3x short positions.

GateNews1h ago
Comment
0/400
No comments