Binance—one of the world’s largest crypto exchanges—is showing the Crypto Fear and Greed Index locked at 13, which indicates an Extreme Fear territory. This is a tiny increase from yesterday’s reading of 12, but the gauge has stayed painfully low for over a week, with last week’s average dipping as far as 10 on some trackers.
This index acts like a real-time pulse check for the entire crypto crowd. It scores sentiment from 0 (showing utter terror and mass selling) to 100 (showing blind euphoria and reckless buying). A score of 13 means widespread panic: traders are selling, and prices are sliding. The index number is derived based on live trading volumes, price swings, social media vibes, and Bitcoin’s current status in the market.
For some crypto traders, this extreme fear is an opportunity but wrapped in caution, as assets often become cheaper than their worth when everyone panics and sells. History backs this up: rock-bottom fear readings have frequently marked the prelude to big recoveries. Many of Bitcoin’s strongest rallies kicked off right after stretches of deep dread.
The current chill in crypto feels very real and scary right now. Nobody can precisely predict when the situation will reverse. It might happen because prices finally stop falling, or traders just get tired of selling. But one thing is clear: in the crazy world of crypto, these super-low fear moments almost never last forever. Extreme fear has often been the quiet sign that a big comeback is coming.
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