#ExtremeFear Market sentiment for Bitcoin is currently at a level of "extreme fear," following a significant price drop in November 2025 that saw the cryptocurrency fall below $90,000 for the first time in seven months. 

Current Market Situation

Price Drop: On November 18, 2025, Bitcoin (BTC) broke a key support level of $90,000 and continued to decline, trading around $86,000 by November 24, 2025. This drop has erased all of Bitcoin's gains for the year and is on track for its worst monthly performance since 2022.

Extreme Fear: The general market mood is described as highly negative. The Crypto Fear & Greed Index, which measures market emotions, currently sits in the "Extreme Fear" range. This indicates high anxiety and heavy selling pressure among investors.

Macroeconomic Factors: The downturn is largely attributed to increased uncertainty in the broader macroeconomic environment, particularly concerns about the U.S. Federal Reserve's interest rate decisions. Institutional investors have been withdrawing capital, as evidenced by significant outflows from spot Bitcoin Exchange-Traded Funds (ETFs). 

Expert Insights

Short-Term Pressure: Most analysts agree that short-term price action remains under pressure, and the market may continue to be volatile.

Long-Term Accumulation: Despite the panic, data from on-chain analytics suggests that long-term holders ("diamond hands") have been accumulating BTC, which historically has been a signal of a potential eventual rebound.

Potential Rebound Triggers: A recovery is largely dependent on a change in the macro environment, such as a Federal Reserve decision to ease monetary policy or a return of strong ETF inflows.