The cryptocurrency market's sentiment is still reeling from the effects of the bearish action that began in Q4 2025. Despite a recent recovery, the Fear & Greed Index remains stuck in the extreme fear zone.
The index, which takes into account trading volume, market cap dominance, volatility, social media sentiment, and Google Trends, has shown some improvement in recent days. However, it still hovers around 23, indicating that investors are wary of the current price rally.