The crypto market is in a state of heightened anxiety as the Fear & Greed Index hits its longest streak since the 2022 Terra-LUNA crash.
At just 8, the index has reached a multi-year low, indicating prolonged extreme fear among investors. This has led to widespread caution and risk-aversion, with market participants seeking safety in traditional assets.
The current situation is not just driven by retail sentiment, but also reflects the behavior of large institutional holders and institutions, who are pulling back on their investments.