Despite the cryptocurrency market stabilizing somewhat following the brutal crash that started in late January, digital assets investors appear to be the most bearish they have ever been at press time on February 12. Specifically, the ‘Fear & Greed Index’ – an index that tracks trader sentiment from ‘extreme fear’ to ‘extreme greed’ – stands at 8 out of 100, per the data Finbold retrieved from CoinMarketCap on Thursday morning. Crypto Fear and Greed Index. Source: CMC Although such a reading is not the record low – the milestone was hit approximately one week before press time on February 6, when the index was reading 5 – it is nonetheless indicative that investors are extremely reluctant to buy digital assets and very likely to sell at the first opportunity
source: https://finbold.com/warning-crypto-fear-greed-index-collapses-to-the-most-bearish-ever/