Bitcoin Price Rejection at $100K Triggers Extreme Crypto Fear - Market Analysis

The cryptocurrency market has plunged into extreme fear territory following Bitcoin's failure to maintain its position above the crucial $100,000 psychological level. This significant price rejection has triggered widespread market anxiety, with investors showing heightened caution amid the volatility. The Crypto Fear & Greed Index, a key market sentiment indicator, has registered one of its lowest readings in recent months, reflecting the prevailing bearish momentum across digital assets. Market analysts are closely monitoring Bitcoin's next support levels as the dominant cryptocurrency struggles to regain bullish momentum after this substantial correction phase.