The Fear Index has just dropped to 9 — even lower than the levels seen during the FTX and LUNA crashes.
$LUNA $BTC $BNB
What makes this moment unusual is that the market environment today is completely different from 2022.
We now have:
🔥 Governments openly acknowledging crypto
🏛️ Clearer regulatory frameworks
💼 Financial products backed by major institutions
📈 Spot ETFs with consistent real inflows
🏦 A fully developed infrastructure for institutional participation
Despite the ecosystem being significantly stronger, market sentiment has fallen to one of its most extreme fear zones. An interesting contrast — and a reminder of how emotional this market can be.
