The "Fear and Greed Index" of cryptocurrencies has dropped to 21, indicating that the market is in extreme fear. This level is considered a key support area and is the lowest point since April 2025.

Generally speaking, this area would be the bottom of the market, and it rarely falls further. If the index really drops to 18, it may mean that the market will fall into panic, and the price of Bitcoin could drop below 100,000.

In stark contrast to the continued one-month plunge of cryptocurrencies, the U.S. stock market continues to experience up days, with its Fear and Greed Index even reaching 44.

In another week, it will be exactly one month since the historic plunge on October 11. Will the market start to recover from here, or…?

(The above is market information sharing and does not constitute investment advice.)