Crypto Fear Index Drops to 10 as Analysts Spot Potential Reversal

The cryptocurrency market has experienced a sharp downturn, with investor portfolios shrinking and hopes for an optimistic year-end melt like snow in the sun fading away. Even Bitcoin, despite its significant size, hasn’t escaped the plunge. The mood is gloomy, with uncertainty dominating the horizon as the downward trajectory becomes apparent. However, some subtle signs offer a glimmer of hope: a potential reversal could be on the way. 815,000 BTC were liquidated in just one month by long-term investors, indicating persistent market tensions. Altcoins like Ethereum and Solana are struggling to resist but show potential for a rebound, according to indicators.