Bitcoin Slips Again As Altcoin Season Stays Out Of Reach In December

Market Sentiment - The Crypto Fear and Greed Index is currently near 20, indicating extreme fear in the market despite a recent rise from lows of around 10 [1] - Bitcoin is trading below $86,000 after a 6% drop, continuing a decline from an October high of nearly $125,000 [1][4] - The market is characterized by long liquidations and outflows from spot products, reflecting a reduction in exposure rather than a shift in risk appetite [2] Altcoin Performance - The current market environment makes it difficult for altcoins to gain traction, with capital remaining concentrated in larger venues and only a few tokens showing strength [3][4] - MYX Finance is trading near $2.98, up by about 9% in 24 hours, driven by its liquid restaking and perpetual trading routes [5] - JUST is trading near $0.043, with a 4% increase in 24 hours, supported by consistent on-chain activity in TRON's lending and stablecoin sectors [6]