The cryptocurrency market is currently gripped by extreme fear, with the latest Fear & Greed Index reading at 11 according to Coinglass data—marking a 2-point decline from the previous day. This readings reflects one of the lowest sentiment levels on the index, signaling heightened investor anxiety in the market. The 7-day average stands at 14, while the 30-day moving average is 28, both indicating a significant tightening of market sentiment. These successive declines in the fear and greed index suggest that crypto investors are increasingly risk-averse, typical of periods when market uncerta