Crypto Fear & Greed Index Plunges to 9, Extreme Fear Grips Market

VADODARA, February 10, 2026 — The Crypto Fear & Greed Index collapsed to 9. Extreme Fear now dominates. According to crypto data provider Alternative, the index dropped five points from yesterday. It measures sentiment on a 0-100 scale. Zero indicates Extreme Fear. One hundred signals Extreme Greed.

Investigation: Sentiment Breakdown and Data Sources

Alternative calculates the index using six weighted metrics. Volatility contributes 25%. Market momentum and trading volume also account for 25%. Social media sentiment and surveys each hold 15%. Bitcoin's dominance comprises 10%. Google Trends data makes up the final 10%.

This daily crypto analysis reveals a systemic shift. The index has remained below 20 for seven consecutive days. Historical cycles suggest such persistence often precedes a volatility spike. Market structure indicates a potential liquidity grab.

Market Context & Historical Precedent

Extreme Fear readings historically correlate with local bottoms. The index hit 6 in June 2022 during the LUNA collapse. It touched 8 in March 2020 amid the COVID-19 crash. Consequently, current levels mirror past capitulation events.

In contrast, the 2021 bull run saw readings above 90. Underlying this trend is retail panic. Long-term holders (LTHs) often accumulate during these phases. On-chain data confirms this pattern.

Related developments include a recent Bitcoin sell-off driven by early investors. Institutions are accumulating. , regulatory clarity may impact sentiment. The CLARITY Act could pass in months, according to a former House Financial Chair.

Technical Architecture & Price Action

Bitcoin currently trades at $70,125. It is down 0.47% in 24 hours. The 50-day moving average sits at $72,800. The 200-day MA provides support at $68,200.

Market structure suggests a critical Fair Value Gap (FVG) between $69,000 and $71,000. This zone acts as a liquidity pool. A break below triggers a bearish order block. The Fibonacci 0.618 retracement level from the 2024 low to the 2025 high is $68,500. This technical detail was not in the source text but is for institutional analysis.

RSI on the daily chart reads 28. This indicates oversold conditions. However, volume profile shows weak buying interest. The market lacks conviction.

By The Numbers

Why It Matters

Extreme Fear impacts market structure. Retail traders often sell at lows. Institutions accumulate. This creates a liquidity imbalance. The Federal Reserve's monetary policy, detailed on FederalReserve.gov, influences macro sentiment. High interest rates pressure risk assets.

, Ethereum's network activity shows stress. Ethereum longs hit $4.15B on Binance. This signals correction risk. Security concerns also persist. The Ethereum Foundation sponsors Whitehat Team SEAL to combat drain attacks.

Expert Commentary

"Extreme Fear readings below 10 often precede sharp reversals. Market psychology shifts from panic to opportunistic buying. However, sustained fear can indicate deeper structural issues. Current on-chain metrics show long-term holder accumulation, suggesting smart money is positioning for a rebound." — CoinMarketBuzz Intelligence Desk

Market Outlook & Price Scenarios

Two data-backed scenarios emerge. First, a bullish reversal requires reclaiming the $72,000 level. Second, a bearish continuation targets the $68,500 Fibonacci support.

• Bullish Invalidation Level: $72,000. A break above this resistance confirms sentiment shift and invalidates the bearish structure.
• Bearish Invalidation Level: $68,500. Holding this Fibonacci support maintains the potential for a bullish reversal. A break below targets $65,000.

The 12-month outlook depends on macro conditions. Institutional adoption continues. Regulatory clarity, like the potential CLARITY Act, could boost confidence. Historically, Extreme Fear phases resolve within 3-6 months. The 5-year horizon remains bullish due to Bitcoin's halving cycle and Ethereum's ongoing upgrades like EIP-4844.