Fear and Greed Index

A sudden, sharp correction in the late afternoon sent shockwaves through the crypto market, with Bitcoin dropping over 2% in an hour. The downturn, triggered by a $200 million liquidation wave, has pushed the Crypto Fear & Greed Index to ’extreme fear’ levels.

The Crypto Fear & Greed Index is showing ’extreme fear’ with a score of 16, a sentiment that has dominated the market for over two months. This contrasts with the U.S. stock market, which, while also fearful, remains near its all-time high, unlike Bitcoin which is down nearly 30% from its peak.

K33 Research suggests that despite recent corrections and market fear, December may mark a turning point for Bitcoin’s price, with short-term positive developments outweighing long-term risks.

Bitcoin is consolidating around the $90,000 level as market sentiment remains fragile. Meanwhile, Ethereum whales are aggressively buying the dip, signaling potential bottoming, while corporate treasury acquisitions for ETH have slowed significantly.

Bitcoin is down nearly 17% in November, potentially marking the worst November since 2018, but market sentiment shows signs of recovery with the Fear & Greed Index improving.

Secret central bank meetings, warnings from financial regulators, and a sharp crypto downturn are putting the global financial system under pressure. This analysis explores whether Bitcoin’s famous four-year cycle is broken and what structural shifts in interest rates and gold mean for investors.

The crypto market turned optimistic after the probability of a December Fed rate cut nearly doubled, sparking hopes that bitcoin’s recent decline may have bottomed out.