Fear and Greed Index drops below 15, is there a sign of bottoming out in the short term?
According to the coinglass indicator, the Fear and Greed Index has now reached 13, indicating extreme fear. Currently, the market is in a state of extreme pessimism.
Meanwhile, BTC price once fell below $75,000, ETH even dropped below $2,200, and other altcoins experienced daily declines of over 5%.
At the same time, silver declined by 10% in 24 hours, and gold by 6% in 24 hours.
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