
Analysts Remain Optimistic About the Bull Market Despite Ongoing Fear
Despite extreme levels of fear among retail investors, seasoned traders believe the bull market continues without cause for alarm.
Fear & Greed Index Update
The Fear & Greed Index in the cryptocurrency market experienced a sharp drop over the weekend, hitting its lowest rating since April as Bitcoin fell below $104,000.
On Saturday, the index showed an alarming score of 23, indicating extreme fear. However, a slight recovery to 29 was recorded by Sunday, suggesting underlying market anxiety remains present. Recent market conditions echo the turmoil witnessed during the April crash, which followed President Donald Trump’s tariffs announcement, leading to losses of about $500 billion in market capitalization.
This month has also seen significant market exits totaling approximately $900 billion as Bitcoin corrected downward, dropping nearly 17% from its peak on October 6.
Quote from the Index:
“Bitcoin Fear and Greed Index is 23. Extreme Fear
Current price: $107,277 pic.twitter.com/fYKCcqw3ah”
— Bitcoin Fear and Greed Index (@BitcoinFear) October 18, 2025
Analysts Urge Calm
Despite the present negative sentiment, many analysts urge against panic. They anticipate markets will bounce back from previous lows. Analyst Daan Crypto Trades noted:
“Bitcoin has been in an ‘incredibly steady and solid up trend this cycle. Even with this recent decline, there’s no big change in market structure yet.”
Meanwhile, other experts emphasize that extreme fear cannot overshadow the possibilities for upside potential.
Upcoming Market Shifts
Recent fluctuations show the Bitcoin price sandwiched between $106,000 and $107,000, with the market entering crucial support levels. Analysts suggest that Ethereum’s recent rise above $3,900 before retreating signifies volatility and caution in altcoins’ performance.
