Crypto market sentiment has deteriorated sharply, with the Fear & Greed Index dropping to 10, a level indicating “extreme fear,” marking a near nine-month low as it’s the lowest reading since late February. The plunge in sentiment follows a week of losses across major cryptocurrencies, led by bitcoin's decline to just under $96,000 in a major sell-off that, for the second time this month, saw the cryptocurrency drop below the $100,000 mark. Crypto Fear and Greed Index chart (alternative.me) The index, a ...

Core Insights - Bitget has launched an Institutional Financing Program offering zero-interest loans to market makers focused on altcoin trading, allowing qualified participants to borrow up to 2 million USDT [1][2] - The program aims to enhance liquidity in smaller-cap tokens, addressing challenges in the altcoin market [3][4] - The initiative is designed to be more accessible than existing programs, with a reduced qualification requirement [2][6] Group 1: Program Details - The financing program runs from November 1, 2025, through January 31, 2026, and requires participants to meet 50% of the exchange's standard monthly trading volume benchmarks [1][5] - Bitget's loan infrastructure supports up to 5x leverage on borrowed capital, which is competitive compared to other exchanges [5][6] - The program is open to professional quantitative trading firms and market makers specializing in altcoin pairs, with a more lenient volume threshold than Binance's offerings [6] Group 2: Market Context - The altcoin market currently faces challenges such as fragmented market depth and volatile spreads, with the Altcoin Season Index at 27 out of 100 [4] - The CMC Crypto Fear and Greed Index also reflects fear in the broader market, registering at 27 [4] - The program is expected to alleviate pressure from $312 million in token unlocks through November 10, which could impact trading conditions [4]

🚨 TODAY: Crypto Fear and Greed Index fell 17 points in a day to 34, showing a shift toward fear. https://t.co/bO6xQiqrv2 ...

Core Insights - Analysts in the digital asset market indicate that a significant crypto rally is approaching [1] - Bitcoin's consolidation phase typically precedes large-cap breakouts, suggesting a potential upward trend [1] - Historical data shows that utility-based DeFi projects tend to gain traction prior to macro surges in the crypto market [1] Market Trends - The crypto fear and greed index has historically provided early signals for investment opportunities, similar to those seen with AAVE or COMP [1]

Market Overview - The total crypto market cap is around $3.6 trillion, with a significant increase in 24-hour trading volume, indicating potential forced selling rather than genuine buying interest [1][2] - The Crypto Fear and Greed Index has dropped towards extreme fear, contributing to a narrative of a potential market crash [1] Market Collapse Scenario - A significant drop in Bitcoin's price below the 200-day moving average could trigger further declines, as noted by Barrons [1] - The Cboe Volatility Index (VIX) has spiked, suggesting increased risk and potential correlation with declines in crypto during equity market stress [2] Key Cryptocurrency Levels - Bitcoin is trading near $106,000, with critical support at $100,000 and resistance at $110,000 [3] - Ethereum is trading around $3,800, with a pivotal range between $3,600 and $3,700; a close above $4,000 would alleviate downward pressure [3] - XRP is near $2.3, with support at $2.00; falling below this level could lead to further declines [4] - Solana is trading in the low $180s, with support at $170 and a close above $195 needed for recovery [4] Strategic Recommendations - A reclaim of the $3.7 trillion market cap with increasing spot volume on positive trading days would indicate active buying [5] - Bitcoin and Ethereum need to close above their respective resistance levels to reduce crash risks and improve market sentiment [5] Sentiment Analysis - The Fear and Greed Index is currently in the low 20s, indicating caution; a rise into the high 30s could signal panic exhaustion [6]

Market Overview - The total market cap of cryptocurrencies has decreased by 1.8% to $3.75 trillion, indicating a negative sentiment in the crypto market [1] - The Crypto Fear and Greed Index has dropped to 28, reflecting a state of "fear" and marking the most pessimistic reading since April [3] Hyperliquid (HYPE) Performance - Hyperliquid's token, HYPE, has increased by 9.26%, making it the only cryptocurrency in the top 11 to show gains amidst a broader market decline [1][6] - HYPE has experienced significant growth, rising over 20% in the last three months and nearly 600% in the past year, with a current market cap of $12.2 billion [5] - The price of HYPE surged from a low of $40.376 to $44.114, demonstrating resilience in a challenging market environment [6] Technical Analysis - HYPE's price behavior suggests a potential end to a major correction, despite being down close to 10% in the last 30 days [7] - The Relative Strength Index (RSI) is being monitored, with readings below 30 indicating oversold conditions, which may signal a buying opportunity for traders [7]

Market Overview - BNB, the token for the BNB Chain, experienced a decline of over 2% in the last 24 hours amid a broader downturn in the cryptocurrency market [1] - The Crypto Fear and Greed Index is currently at 41, indicating a neutral sentiment close to fear, while the average crypto relative strength index (RSI) suggests oversold conditions [1] Price Movement - BNB's price fell from $1,025 to just under $1,000, with resistance forming near $1,035, while the CoinDesk 20 (CD20) index dropped by 3.7% [2] - BNB traded within a range of $49 over the past 24 hours, with a low of $993 and strong resistance just above $1,030 [4] - Support levels held firm around $987, with a brief recovery pushing the price from just below $990 to near $994 [4] Transaction Fee Proposal - BNB Chain validators proposed to reduce gas fees from 0.1 to 0.05 gwei, which would lower average transaction costs to approximately $0.005 and improve block speeds from 750 milliseconds to 450 milliseconds [2] - This proposal comes as on-chain trading activity is increasing on the BNB Chain, particularly following the launch of the decentralized trading platform Aster, which has surpassed Hyperliquid in daily perpetual trading volumes [3] Trading Dynamics - Trading volume indicates a shift from aggressive selling to slower accumulation, with support consolidating near $989 and resistance emerging just under $996 [4]

⚡️ TODAY: Crypto Fear and Greed Index remains neutral before the FOMC meeting.Is this the calm before the next big market swing? https://t.co/UdDjBy8JCZ ...

Market Sentiment - Crypto Fear and Greed Index 指数为 60，处于贪婪状态 [1] - 市场尚未达到极度贪婪状态 [1]