Crypto market sentiment has deteriorated sharply, with the Crypto Fear & Greed Index plunging to a score of 9 — firmly in “Extreme Fear” territory. The reading reflects widespread caution among investors amid Bitcoin’s prolonged pullback and broader market volatility.

However, analytics firm Santiment suggests the fading wave of bold price predictions on social media may actually be a healthy sign. According to the firm, the “drying up” of speculative forecasts indicates sentiment is stabilizing back toward neutral levels — often a precursor to more balanced market conditions.