Bitcoin (BTC) slid near $62,500 as the Crypto Fear and Greed Index hit 10, a level historically seen only near major cycle bottoms. The index sat at 8 a day earlier and at 47 a month ago, indicating a rapid shift from neutral to extreme fear. Analyst BitcoinVector highlighted that momentum broke first, spot demand faded second, and price followed last, citing a Glassnode chart showing momentum falling below +0.5 before cumulative volume delta turned negative. The current fear level mirrors readings from the 2018 bottom, March 2020 crash, and 2022 bear market low. Swissblock noted that the first signal of recovery would be momentum crossing back above -0.5. BTC is down about 50% from its October 2025 record near $126,200, with a market cap of about $1.25 trillion. While extreme fear historically precedes bottoms, analysts urge patience as price could still grind lower. This article is for information only and does not constitute financial advice.

Key facts

• Fear and Greed Index fell to 10 from 47 a month ago, hitting extreme fear.
• Momentum broke below +0.5 before price declined, per Glassnode data.
• Spot cumulative volume delta turned negative, signaling aggressive selling.
• Similar fear levels occurred at 2018, March 2020, and 2022 cycle bottoms.
• Recovery signal: momentum crossing back above -0.5, say analysts.

KeyAudit data perspective