🔲The sharp deterioration in market sentiment — reflected in the Fear & Greed Index falling into “extreme fear” territory — coincided with Bitcoin sliding below $95,000. Yet analysts note that despite the pessimism, the current correction appears milder than previous downturns, while on-chain indicators show emerging divergences that may signal an impending trend reversal.
🔲This cautious optimism stems from the market’s sensitivity to macroeconomic catalysts without exhibiting signs of panic-driven capitulation. The absence of a “holiday rally” is viewed less as the start of a prolonged decline and more as a healthy pause, supporting the broader case for a continued recovery.