Cryptocurrency market sentiment is rapidly shifting. The latest data shows that the bullish percentage is 59.3%, while the bearish percentage is 40.7%. Although the bulls hold a slight advantage, the margin is not significant. More concerning is the Fear and Greed Index, which is only at 26, indicating that the market is in a state of extreme panic.

What does this situation indicate? On one hand, there are clear disagreements among investors about the future outlook; on the other hand, extreme panic often signals that the market may experience sharp volatility. In this context, whether going long or short, risk management needs to be more cautious. Monitoring changes in sentiment indicators is crucial for grasping trading momentum.