Bitcoin Sentiment Drops as Fear & Greed Index Hits New Lows

According to Cointelegraph, Bitcoin's sentiment took a significant hit as the latest price dip led to fresh liquidations. The Crypto Fear & Greed Index, a measure of market sentiment, has plummeted to levels not seen since Bitcoin was valued at $83,000. This shift in sentiment has sparked discussions about whether a turning point for Bitcoin's price is imminent. Bitcoin's price, nearing new monthly lows below $109,000, has had an immediate impact on market sentiment. The Fear & Greed Index, which tends to lag behind market movements, dropped to 28/100 on Friday, marking its lowest point since April 11. This represents a 16-point decline in just one day. The last time the index fell below 30/100, Bitcoin was trading around $83,000, shortly after recovering from $75,000 lows. This historical context has led some analysts to suggest that a market reversal could be on the horizon, although confirmation is still pending. The Fear & Greed Index has experienced erratic movements throughout 2025. Earlier in the year, the index fell to just 10/100 due to macroeconomic uncertainties, particularly concerning U.S. trade tariffs. Despite the current bearish sentiment, some indicators suggest a potential price rebound. Research from Santiment, a market analysis platform, highlighted that social media users were already anticipating lower prices before the recent dip. Historically, such predictions have increased the likelihood of a price rebound, as higher predictions often imply lower future prices. Additionally, data indicates that large-volume traders have been increasing their exposure in recent days, suggesting a possible shift in market dynamics.